Prezarios has 225000 shares of stock outstanding with a par, Ask an Expert

Finance

Prezario's has 225,000 shares of stock outstanding with a par value of $1.00 per share. The current market value of the firm is $1,690,000. The company just announced a 2-for-1 stock split. By how much does the common stock account balance change after the split?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91617714

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