Question
The market price of Maryam SAOG is RO 56 per share. The face value of a share is RO 1. The present total market value
The market price of Maryam SAOG is RO 56 per share. The face value of a share is RO 1. The present total market value of the shares is RO 89,600. The number of shares outstanding if Maryam SAOG wants to split 4-for-2 will be:
A.
3200 shares
B.
1000 shares
C.
1600 shares
D.
2400 shares
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Financial Accounting An International Introduction
Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes
4th Edition
027372164X, 978-0273721642
