Business, 06.05.2020 08:25 lizzyhearts

On February 1, a corporation has 40000 shares of $ 1 par value common stock issued and outstanding. The corporation also has Additional Paid-in Capital of $ 200000 and Retained Earnings of $ 200000. On February 1, the corporation declared a 2-for-1 stock split. After the split, what is the total par value of the common stock and the total stockholders' equity, respectively?

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On February 1, a corporation has 40000 shares of $ 1 par value common stock issued and outstanding....