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Essay

Accounting Theory

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Issue:

Business

 

Written by:

Marc M

 

Date added:

December 6, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

2 / 322

 

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3330 times

 

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Essay content:

Would any of your answers change if the preferred stock is convertible at any time at the ratio of 2 preferred shares for 1 share of common stock? With the figures provided if there were a 2 for 1 split, then the price of the stock would go from $5/share to $2.50/share, also the outstanding shares would be 40,000 instead of 20,000...
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Would any of your answers change if the preferred stock is convertible at any time at the ratio of 2 preferred shares for 1 share of common stock? With the figures provided if there were a 2 for 1 split, then the price of the stock would go from $5/share to $2.50/share, also the outstanding shares would be 40,000 instead of 20,000...
displayed 300 characters

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