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The Owners' Equity Accounts for Speed Boats Are Shown Here

Question 81

Multiple Choice

The owners' equity accounts for Speed Boats are shown here: The owners' equity accounts for Speed Boats are shown here:   How many shares will be outstanding if the firm declares a 1-for-6 reverse stock split? A) 5,833 shares B) 9,167 shares C) 18,000 shares D) 35,000 shares E) 330,000 shares How many shares will be outstanding if the firm declares a 1-for-6 reverse stock split?


A) 5,833 shares
B) 9,167 shares
C) 18,000 shares
D) 35,000 shares
E) 330,000 shares

Correct Answer:

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