Business, 25.04.2020 01:01 doglover7963

Edie's Health Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share. The company has retained earnings of $76,500 and capital in excess of par of $340,000. The company just announced a 1-for-5 reverse stock split. What will be the par value per share after the split?

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Edie's Health Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a...