Sheffield Corporation splits its common stock 5 for 1, when the market value is $94...
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Accounting
Sheffield Corporation splits its common stock for when the market value is $ per share. Prior to the split, Sheffield had shares of $ par value common stock issued and outstanding. After the split, the par value of the stock
remains the same.
is reduced to $ per share.
is reduced to $ per share.
is reduced to $ per share.
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