Question
Apple corporation had $600,000 shares of $30 par value stock outstanding with a market value of $120 per share. then apple announces a three for
Apple corporation had $600,000 shares of $30 par value stock outstanding with a market value of $120 per share. "then apple announces a three for one stock split" After the split, how many shares will be outstanding? what will be the par value per share? market value per share?
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Financial And Managerial Accounting
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
4th Edition
1119752620, 978-1119752622
