Kinmi financial corporation is the parent company of kinmi bank. the company’s stock split was announced in the following wire: los angeles (business wire) jan. 20—kinmi financial corporation (nasdaq), announced that the board of directors has approved a two-for-one stock split, to be effected in the form of a 100 percent common stock dividend. kinmi financial corporation stockholders of record at the close of business on january 31 will receive one additional share of common stock for every share of common stock then held. distribution of additional shares issued as a result of the split is expected to occur on or about february 15.at the time of the stock split, 34.5 million shares of common stock, $.001 par per share, were outstanding. required: 1. prepare the journal entry, if any, that kinmi recorded at the time of the stock split.2. if kinmi's stock price had been $46 at the time of the split, what would be its approximate value after the split (other things equal)?

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

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