aa.1   Auto Supply has 54,200 shares of stock outstanding with a par value of $1.00 per share and a market value of $ 6.20 a share. The company just announced a two-for-nine reverse stock split. What will be the par value per share after the split? Multiple Choice $ .22 $ 2.50 $ 4.50 $ .44 $ 1.00

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Q: am. 155.

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Q: Auto Supply has 54,200 shares of stock outstanding with a par value of $1.00 per share and a market…

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Q: How many shares of stock are outstanding?

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