Question
Bonita Corporation splits its common stock 5 for 1, when the market value is $83 per share. Prior to the split, Bonita had 100000 shares
Bonita Corporation splits its common stock 5 for 1, when the market value is $83 per share. Prior to the split, Bonita had 100000 shares of $10 par value common stock issued and outstanding. After the split, the par value of the stock
is reduced to $2 per share.
is reduced to $50 per share.
is reduced to $5 per share.
remains the same.
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Contemporary Issues In Social Science
Authors: Simon Grima, Ercan Özen, Hakan Boz
1st Edition
1800439318, 9781800439313
