On July 1, Black Corporation had 200,000 shares of $10 par common stock outstanding. The market price of the stock was $12 per share. On the same date, Black declared a 1 for 2 reverse stock split. The par value of the stock was increased from $10 to $20, and one new $20 par share was issued for each two $10 par shares outstanding. Immediately before the reverse stock split, Black's Paid-in capital--excess of par account equaled $4,000,000. What should be the balance in Black's Paid-in capital--excess of par account immediately after the reverse stock split?

An annual marathon covers a route that has a distance of approximately 26 miles. winning times for this marathon are all over 2 hours. the following data are the minutes over 2 hours for the winning male runners over two periods of 20 years each. earlier period 14 12 15 22 13 10 19 13 9 14 20 18 16 20 23 12 18 17 6 13 recent period 7 11 7 14 8 9 11 14 8 7 9 8 7 9 9 9 9 8 10 8 (a) make a stem-and-leaf display for the minutes over 2 hours of the winning times for the earlier period. use two lines per stem. (use the tens digit as the stem and the ones digit as the leaf. enter none in any unused answer blanks. for more details, view how to split a stem.) minutes beyond 2 hours earlier period 0 1 2 (b) make a stem-and-leaf display for the minutes over 2 hours of the winning times for the recent period. use two lines per stem. (use the tens digit as the stem and the ones digit as the leaf. enter none in any unused answer blanks.) minutes beyond 2 hours recent period (c) compare the two distributions. how many times under 15 minutes are in each distribution