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John's has common stock outstanding at a price of $27 a share. The total market value of the equity is $435,000. How many shares of stock will be outstanding if the firm does a 2-for-5 reverse stock split?
a) 40,278 shares
b) 36,000 shares
c) 6,444 shares
d) 7,500 shares
e) 16,500 shares
From the e-Activity, briefly describe the company's franchise structure which you researched. Suggest one (1) way in which the company could improve its franchise structure to make it more attractive to potential customers.
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