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Richmond Corporation has 50,000 shares of 20 outstanding common stock. The current fair market value of the stock is 32 per share. The company divides
Richmond Corporation has 50,000 shares of 20 outstanding common stock. The current fair market value of the stock is 32 per share. The company divides its common stock on a 4 to 1 basis. Nominal value per share after split ?
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
