Answer:
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.