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Question 1 (1 point) A company's owners' equity accounts are shown below: Common stock ($4 par value) Capital surplus Retained earnings Total owners' equity $
Question 1 (1 point) A company's owners' equity accounts are shown below: Common stock ($4 par value) Capital surplus Retained earnings Total owners' equity $ 60,000 250,000 610,000 $920,000 If the company's stock currently sells for $50 per share and a 1-for-4 reverse stock split is declared, how many shares will be outstanding after the reverse stock split occurs? Enter your answer in the box shown below with 2 digits to the right of the decimal point. Your
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