As a stock split is a non-cash activity and wouldn’t fall on the income statement, where would this information be reported?
MD&A? Other comprehensive income?
As a stock split is a non-cash activity and wouldn’t fall on the income statement, where would this information be reported?
MD&A? Other comprehensive income?
MD&A or footnotes.
There’s nothing to show in OCI. On the balance sheet you’d show a different number of shares authorized, issued, and outstanding, and a different par value.