Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume that you own 2,100 shares of $6 par value c

Assume that you own 2,100 shares of $6 par value common stock and the company...

90.2K

Verified Solution

Question

Accounting

Assume that you own 2,100 shares of $6 par value common stock and the company has a 3- for-1 stock split when the market price per share is $72. What will probably happen to the market price per share of the stock and the par value per share of the stock

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Calculate the free-energy change for ammonia synthesis at 25 ? C(298 K) given the following sets...

Mechanical Engineering
1.2K views

Which of the following statements regarding dimensioning is NOT true? 1) Dimensions should be given where...

Economics
1.2K views

As the U.S. economy underwent a historic shutdown due to the pandemic, the Federal Reserve was...

Geometry
1.2K views

1a If there exist any solutions find the all solutions of the following congruences i...

Statistics
1.2K views

Explain why chi square goodness of fit tests are always right tailed Choose the correct...

Accounting
1.2K views

SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the...

Accounting
1.2K views

How did the results of results benefit Information and Communication Technology (ICT)? be specific

Accounting
1.2K views

Which of the following is least likely to be included in order costs? processing vendor...

Accounting
1.2K views

Recent reseatch inte the cost of valious miedicol procedures hos shown the impact of certain...

Accounting
1.2K views

Lon Jenkins is the sole finance person at Digital Widget, Inc., a closely held firm...

Finance
1.2K views

(5). We consider a loan of 20,000 on January 1, 2019 repayable in 5...

Accounting
1.2K views

Kwame has investments in two passive activities. Activity A, acquired three years ago, produces income...