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Effect of Stock Split Copper Grill Pestaurant Corporation wholesales ovens and ranges to restaurants throughout...

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Accounting

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Effect of Stock Split Copper Grill Pestaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest Copper Grill Restaurant Corporation, which had 50,000 share of common ttock outstanding, declared a 3-for 1 stock splt a. What will be the number. of shares outstanding after the split? shares b. If the common stock had a market price of 5210 per share before the stock split, what would be an approximate market price per share after the split? 1 per share

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