A corporation has 56077 shares of 27 par value stock


A corporation has 56,077 shares of $27 par value stock outstanding that has a current market value of $319 per share. If the corporation issues a 5-for-1 stock split, determine the number of shares outstanding.

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Financial Accounting: A corporation has 56077 shares of 27 par value stock
Reference No:- TGS01104605

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