The market value of Yeates Corporation's common stock had become excessively high. The stock was currently...

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The market value of Yeates Corporations common stock had become excessively high. The stock was currently selling for $320 p

business accounting

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Answer 1

Answer #1

Number of common shares outstanding

280,000 * 2/1

560,000

Par value

320 * 1/2

160

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Answer 2

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