Two-for-one stock split, Financial Management

The equity accounts for Hexagon International are as follows:


a.    If Hexagon stock currently sells for $50 per share and a 20% stock dividend is declared, how many new shares will be distributed?  How will the equity accounts change?

b.    What if Hexagon declares a two-for-one stock split?  How many shares are outstanding?  What is the par value per share?  How will the equity accounts change?


Posted Date: 3/16/2013 1:47:03 AM | Location : United States

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