The current market value of the organization is 18.92, Ask an Expert

Management Studies

Q. East Coast Marina has 220,000 shares of stock outstanding. The current market value of the organization is $18.92 million. The industry has retained earnings of $3.8 million, paid in surplus of $6.7 million and a common stock account value of $220,000. The industry is planning a 3-for-2 stock split. Illustrate what will the market price per share be after the split?"

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9390943

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