Oak Tree Farms Has Common Stock Outstanding at a Price

question 94

Multiple Choice

Oak Tree Farms has common stock outstanding at a price of $13 a share.The total market value of the equity is $435,000.How many shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5?

• A)9,602 shares
• B)36,000 shares
• C)13,385 shares
• D)37,500 shares
• E)83,654 shares

Grasp the distinct legal and tax features of S corporations.

Learn about the formation and benefits of consortiums, cooperatives, and syndicates in business.

Understand the legal identity, liability, and tax obligations of corporations.

Analyze joint venture agreements and their enforceability.

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An analytical tool or approach used to understand and examine the interrelated components of any given system.

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