6. For a company, what is the impact (net change) on Total Shareholders' Equity when a company announces a 2 for 1 stock split on 200,000 shares that have a $2 par value?
When 2 for 1 split takes place, the total number of shares increases from 200,000 shares to 400,000 shares. However, the par value of the shares is decreased ...
Impact of stock splits on shareholder's equity