The Mining Co

question 95

Multiple Choice

The Mining Co. has 25,000 shares of stock outstanding. The current market value of the firm is $789,000. The company has retained earnings of $407,000, capital in excess of par value of $229,000, and a common stock account value of $25,000. The company is planning a reverse stock split of two-for-three. What will be the par value per share after the split?

• A) $.50
• B) $.33
• C) $1.00
• D) $2.50
• E) $1.50

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Definitions:

Breastfeeding Initiation

The start of breastfeeding a newborn shortly after birth, which is crucial for the baby's nutrition and developing a bond between mother and child.

Supplemental Oxygen

Additional oxygen provided to individuals who are not able to get sufficient oxygen on their own, often through a mask or nasal cannula.

Reflexes

Involuntary and nearly instantaneous movements in response to a stimulus as part of the body's nervous system function.

Adhesives

Substances used to bind materials together by surface attachment.