On February 1,Team Shirts announced a 4-for-1 stock split to be effective on February 15.On February 1,there were 45,000 shares of $1.00 par value common stock outstanding.
1.How many shares of Team Shirts' stock were outstanding after the stock split?
2.What is the new par value per share?

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The Answer of On February 1,Team Shirts announced a 4-for-1 stock split to be effective on February 15.On February 1,there were 45,000 shares of $1.00 par value common stock outstanding.
1.How many shares of Team Shirts' stock were outstanding after the stock split?
2.What is the new par value per share?

On February 1,Team Shirts Announced a 4-For-1 Stock Split to Be