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Attempts Average / 4 1. Problem 10-01 eBook Problem 10-01 west Wind, Inc. has 4,800,000 shares of common stock outstanding with a market value of
Attempts Average / 4 1. Problem 10-01 eBook Problem 10-01 west Wind, Inc. has 4,800,000 shares of common stock outstanding with a market value of $75 per shore. Net Income for the coming year is expected to be 86.800,000 What impact will three-for-one stock split have on the earnings per share and on the price of the stock? Round the earnings per share to the nearest cent and the prices of the stock to the nearest dolor EPS before the split: EPS after the split: $ Price of the stock before the splits Price of the stock after the split: $ per share per share
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