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Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split....

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Accounting

image Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $280 per share before the stock split, what would be an approximate market price per share after the split? per share

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