Question
ABC has 360,000 authorized, 230,000 shares issued and 142,000 shares outstanding. ABC issues a 8/1 stock split (for every 1 share owned by an investor,
ABC has 360,000 authorized, 230,000 shares issued and 142,000 shares outstanding. ABC issues a 8/1 stock split (for every 1 share owned by an investor, the investor gets 8 shares). Sam has 190 shares of stock. After the stock split, how many shares of ABC stock does Sam have?
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
