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You own 600 shares of KRT, Inc. The Board of Directors declares a 1 for 3 reverse stock split. Assume that the proper legal
You own 600 shares of KRT, Inc. The Board of Directors declares a "1 for 3" reverse stock split. Assume that the proper legal procedures have been followed to effectuate this transaction. Your former 600 shares will now be counted as how many shares ? 2,400 1,800 1,200 200
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Governmental and Nonprofit Accounting
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
10th edition
132751267, 978-0132751261
