Asked by Anonymous

Gorton Corporation has 30,000 shares of $10 par value common stock outstanding when it announces a 2-for-1 stock split. Before the split, the stock had a market price of $120 per share.

After the split, how many shares of stock will be outstanding? Common Stock Outstanding?
What will be the approximate market price per share?

Answered by Anonymous
60,000 shares
$60 per share
Answered by biy
o=i dont know
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