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Kramer Company has 250,000 shares of commons stock issued and outstanding at $4 par value. The current market price of the stock is $60 per
Kramer Company has 250,000 shares of commons stock issued and outstanding at $4 par value. The current market price of the stock is $60 per share. On December 1, 20X4, the company splits its common stock 2-for-1. After the stock split, determine the new value for each of the following items: (1) Number of Shares Issued and Outstanding, (2) Market Price per Share
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Accounting Costing And Management
Authors: Riad Izhar, Janet Hontoir
2nd Edition
9780198328230
