Question
XYZ SAOG Company currently has 200,000 shares of OMR 5 par value common stock outstanding and decides a 1- for-2 reverse stock split. After
XYZ SAOG Company currently has 200,000 shares of OMR 5 par value common stock outstanding and decides a 1- for-2 reverse stock split. After the stock split, what will be the share capital amount of a stockholder who currently owns 400 shares of XYZ Company? O a. OMR 1,000 O b. OMR 4,000 c. None of these d. OMR 2,000
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
9781260247985
