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John's has common stock outstanding at a price of $27 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 2-for-5 reverse stock split?
a) 40,278 shares
b) 36,000 shares
c) 6,444 shares
d) 7,500 shares
e) 16,500 shares
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red sauce canning company processes tomatoes into catsup tomato juice and canned tomatoes.nbsp during the summer of
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