Question
A corporation has 64,168 shares of $32 par value stock outstanding that has a current market value of $333. If the corporation issues a 4-for-1
A corporation has 64,168 shares of $32 par value stock outstanding that has a current market value of $333. If the corporation issues a 4-for-1 stock split, what amount approximately will the market value of the stock fall to?
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Managerial Accounting
Authors: James Jiambalvo
5th edition
1118078764, 978-1118078761
