(Solved): The company with the common equity accounts shown here has decided on a two-forone stock sp ...

The company with the common equity accounts shown here has decided on a two-forone stock split. The firm's 67-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year's dividend on the presplit stock. a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g,, 32.16.) b. What was last year's dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.46.) a. What is the new par value of the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What was last year's dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)