What will be the approximate market price per share what is


Deane Corporation has 10,000 shares of $15 par value common stock outstanding when it announces a 3-for-1 split. Before the split, the stock had a market price of $120 per share. After the split, how many shares of stock will be outstanding, and what will be the approximate market price per share? what is Outstanding share? What is Market price per share

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What will be the approximate market price per share what is
Reference No:- TGS02584676

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)