Question
2. Bob's Auto Group has 25,000 shares of stock outstanding at a market price of $5.50 a share. a. What will be the number of
2. Bob's Auto Group has 25,000 shares of stock outstanding at a market price of $5.50 a share.
a. What will be the number of shares outstanding and the stock market price per share be if the company does a 2-for-5 reverse stock split?
b. What will be the number of shares outstanding and the stock market price if the company issues a 20% stock dividend?
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Gapenskis Understanding Healthcare Financial Management
Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
