On June 30, the board of directors of Sandals, Inc., declares a 2-for-1 stock split on its 30,000, $1 par, common shares. The market price of Sandals common stock is $35 on June 30. What are the number of shares, par value per share, and market price per share immediately after the 2-for-1 stock split? (Round dollar values to 2 decimal places.)

Number shares of after the split = 60,000

Par value per share after the split = $0.50

Market price per share after the split  = $17.50

Explanation:

Number shares of after the split = 30,000 × 2 = 60,000

Par value per share after the split = $1 ÷ 2 = $0.50

Market price per share after the split = $35 ÷ 2 = $17.50

This shows that immediately after the 2-for-1 stock split, the number of shares will change to 60,000 shares, par value per share will change to $0.50, and market price per share will change to $17.50.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

the answer is true

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