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eBook Prin SE11-5 Rand 5 Outstanding Shares T Pearce & Company has 5 million shares of $5 par value common stack outstanding The company
eBook Prin SE11-5 Rand 5 Outstanding Shares T Pearce & Company has 5 million shares of $5 par value common stack outstanding The company believes that its current market price of $100 per share is too high and decides to execute a 4-fort toward stock s to lower the price How many shares will be outstanding following the stock sp million What wit be the new par value per share? 1.25 Check
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
