The market value of dylan corporations common stock had, Managerial Accounting

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The market value of dylan corporations common stock had

The market value of Dylan Corporation's common stock had become excessively high. The stock was currently selling for $220 per share. To reduce the market price of the common stock, Dylan declared a 4-for-1 stock split for the 330,000 outstanding shares of its $10 par common stock.

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Managerial Accounting: The market value of dylan corporations common stock had

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