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Homework answers / question archive / ABC company currently has 50,000 shares of OMR 10, par value common stock outstanding and decides a 2-for-1 stock split

ABC company currently has 50,000 shares of OMR 10, par value common stock outstanding and decides a 2-for-1 stock split

Accounting

ABC company currently has 50,000 shares of OMR 10, par value common stock outstanding and decides a 2-for-1 stock split. After this split, the company will have:

a.

100,000 shares of OMR 5 par

b.

50,000 shares of OMR 10 par

c.

10,000 shares of OMR 50 par

d.

100,000 shares of OMR 10 par

Option 1

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