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QUESTION
West Wind Inc has 5,000,000 shares of common stock outstanding with a market value of 60$ a share. Net income for the coming year is expected to be...
West Wind Inc has 5,000,000 shares of common stock outstanding with a market value of 60$ a share. Net income for the coming year is expected to be 6, 900, 000. what impact will a three for one stock split have on the earnings per share and on the price of stocks ?
