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Betta Corporation Issued 300,000 Shares of $2 Par Value Stock

Question 23

Essay

Betta Corporation issued 300,000 shares of $2 par value stock. The book value of Betta's common stockholders' equity is equal to $30 million. Betta implements a two-for-one stock split. Complete the following table:
 Before the 2-for-1 split  After the  2-for-1 split  Shares outstanding  Total par value  Par value per share  Total book value  Book value per share \begin{array} { | l | c | c | } \hline & \frac { \text { Before the } } { 2 \text {-for-1 split } } & \begin{array} { c } \text { After the } \\\text { 2-for-1 split }\end{array} \\\hline \text { Shares outstanding } & & \\\hline \text { Total par value } & & \\\hline \text { Par value per share } & & \\\hline \text { Total book value } & & \\\hline \text { Book value per share } & & \\\hline\end{array}

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\[\begin{array} { | l | r | r | }
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