Question
A corporation has 69,517 shares of $16 par value stock outstanding that has a current market value of $272 per share. If the corporation issues
A corporation has 69,517 shares of $16 par value stock outstanding that has a current market value of $272 per share. If the corporation issues a 5-for-1 stock split, determine the number of shares outstanding.
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Accounting Information Systems
Authors: George H Bodnar, William S Hopwood
10th Edition
013609712X, 978-0136097129
