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Zulu Corporation has 5000000 shares of $ 003 par value common stock authorized of which 750,000 shares were issued for $ 3550000 and are currently selling for $ 90 in the stock market

Zulu Corporation has 5,000,000 shares of $ 0.03 par value common stock authorized, of which 750,000 shares were issued for $ 3,550,000 and are currently selling for $ 90 in the stock market. Zulu Corporation is considering a three- for- one stock split. What will be the impact of the stock split on Zulu Corporation?

Apr 05 2020 View more View Less

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