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    Survey of Accounting Study Set 7
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    Exam 8: Liabilities and Stockholders Equity
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    A Corporation Has 10,000 Shares Outstanding of $25 Par Value
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A Corporation Has 10,000 Shares Outstanding of $25 Par Value

Question 53

Question 53

True/False

A corporation has 10,000 shares outstanding of $25 par value and a current market value of $100 per share.If the corporation issues a 5-for-1 stock split, the market value of the stock will fall to approximately $20.

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