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On June 30, the board of directors of Sandals, Inc., declares a 2-for-1 stock split on its 13000 $1 par common shares. The market price of Sandals common stock is $18 on June 30.What are the number of
On June 30, the board of directors of Sandals, Inc., declares a 2-for-1 stock split on its 13000 $1 par common shares. The market price of Sandals common stock is $18 on June 30.What are the number of share, par value per share, and market price per share immediately after the 2-for-1 stock split? (Round your answers to 2 decimal places.)
Stock split 13000
Par common shares 1
Common stock 18
For21
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******************************** ** shares26000Par ***** *** share05Market ***** per ******
