Question
Shares in Growth Corporation are selling for $60 per share.There are 11 million shares outstanding.The stock pays a 50 percent stock dividend.After the dividend: How
Shares in Growth Corporation are selling for $60 per share.There are 11 million shares outstanding.The stock pays a 50 percent stock dividend.After the dividend: How many shares will be outstanding?What will be the price per share?
Please state your answer in millions and to 2 decimal places.
Outstanding shares =
Price per share =
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
