kassandrarosario1115
kassandrarosario1115
26.06.2019 • 
Business

In recent years constable inc. has suffered losses, and its stock currently sells for only $0.50 per share. management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $25 per share. how many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value? a. 47.50b. 49.88c. 50.00d. 52.50e. 55.13

Solved
Show answers

Ask an AI advisor a question