The owners' equity accounts for Freya International are shown here.
Common stock ($.80 par value) $ 25,000
Capital surplus 370,000
Retained earnings 808,120
Total owners' equity $ 1,203,120
a-1 If Freya declares a four-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.)
New shares outstanding:-
a-2 What is the new par value per share? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.)
New par value $ per share
b-1 If Freya declares a one-for-five reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.)
New shares outstanding
b-2 What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)