The market value of yeates corporation’s common stock had become excessively high. the stock was currently selling for $270 per share. to reduce the market price of the common stock, yeates declared a 3-for-1 stock split for the 310,000 outstanding shares of its $12 par value common stock. required: a. what entry will be made on the books of yeats corporation for the stock split? b. determine the number of common shares outstanding and the par value after the split. c. explain how the market value of stock will be affected by the stock split ?

Jake and janelle loved to prepare gourmet meals for friends and family. they started a business of preparing theme-type dinners for friends who were having parties. to generate even more interest in the business, janelle created on her website. she posted pictures of events, and close-ups of the food they served. she encouraged patrons and others to post reviews, comments, and favorite recipes, and to share their own party ideas. her promotion became a dialogue between buyers of her service and the business. interactive promotion infomercials product placement broadcast