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A company's owners' equity accounts are shown below: Common stock (53 par value) $ 60,000 Capital surplus 250,000 Retained carings 610,000 Total owners cquity $920,000

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A company's owners' equity accounts are shown below: Common stock (53 par value) $ 60,000 Capital surplus 250,000 Retained carings 610,000 Total owners cquity $920,000 If the company's stock currently sells for $60 per share and a 1-for-5 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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