The management of Krupt,Inc.issued two shares of $0.50 par value common stock in exchange for each share of all common shareholder's $1.00 par value stock.What effect will this have on total shareholders' equity? What is this practice called? Is this ethical?

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The Answer of The management of Krupt,Inc.issued two shares of $0.50 par value common stock in exchange for each share of all common shareholder's $1.00 par value stock.What effect will this have on total shareholders' equity? What is this practice called? Is this ethical?

The Management of Krupt,Inc