On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split. At that time, its stock was selling for $50 per share.1. After the split, how many shares of common stock are outstanding and what is their par value per share?2. After the split, the number of shares outstanding is per share is and the par value per share is .
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On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it dec...
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