Jack's Repairs has 20,000 shares of stock outstanding with a par value (book value) of $1 per

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Jack's Repairs has 20,000 shares of stock outstanding with a par value (book value) of $1 per share and a total market value of $50,000. Jack's will have______shares outstanding with a market price of ______per share after the company does a 1-for-4 reverse stock split? Question 34 options: 80,000; $0.63 80,000; $4.00 20,000; $10.00 5,000; $10.00 5,000; $4.00

Posted Date: May 18, 2024 07:13 PM

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Jack's Repairs has 20,000 shares of stock outstanding with a par value (book value) of $1 per

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