On february 15 company a declares a 1 for 4 reverse stock


On February 15, Company A declares a 1 for 4 reverse stock split effective on March 1. The stock price on February 15 is $50 and the stock price on March 1 is $20. What is the amount of the each share of stock after the stock split?

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Accounting Basics: On february 15 company a declares a 1 for 4 reverse stock
Reference No:- TGS0916649

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