Question
a corporation has $50,000 shares of $25 par value stock stock outstanding that has a value of $120. If the corporation issues a 5-for-1 stock
a corporation has $50,000 shares of $25 par value stock stock outstanding that has a value of $120. If the corporation issues a 5-for-1 stock split, the par value of the stock will be: a. $5 b. $60 c. unchanged d. $24
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Financial Accounting Fundamentals
Authors: John Wild, Ken Shaw, Barbara Chiappetta
6th edition
1259726916, 978-1259726910
