Abbott Corporation splits its common stock 4 for 1 when the market price is $40 per share Prior to the split, Abbott had 50,000 shares of $10 par value common stock issues and outstanding After the split, Calculate the par value of the stock ...

To calculate the par value of the stock after the 4 ...

Abbott Corporation splits its common stock 4 for 1 when the market price is $40 per share.

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Abbott Corporation splits its common stock 4 for 1 when the market price is $40 per share. Prior to the split, Abbott had 50,000 shares of $10 par value common stock issues and outstanding. After the split, Calculate the par value of the stock.

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Accounting What the Numbers Mean

ISBN: 978-1259535314

11th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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Posted Date: May 03, 2024 03:48 AM

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Abbott Corporation splits its common stock 4 for 1 when the market price is $40 per share.

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