Question
Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock
Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be
A: 6,000
B:60,000
C:15,000
D:150,000
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Audit Accountability And Government
Authors: Fidelma White, Kathryn Hollingsworth
1st Edition
0198262329, 978-0198262329
