Richmond Corporation has 50,000 shares of 20 outstanding common stock. The current fair market value of the

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Richmond Corporation has 50,000 shares of 20 outstanding common stock. The current fair market value of the stock is 32 per share. The company divides its common stock on a 4 to 1 basis. Nominal value per share after split ?

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Posted Date: Apr 08, 2023 03:01 AM

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Richmond Corporation has 50,000 shares of 20 outstanding common stock. The current fair market value of the

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Before the stock split the total value of Richmond ... View the full answer

Financial accounting

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