Answered: A corporation had 400,000 shares of…

A corporation had 400,000 shares of common stock outstanding before a stock split occurred, and 800,000 shares outstanding after the stock split. The stock split was: * 4-for-1 2-for-1 O 5-for-1

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 21DQ

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Question

13:59
A corporation had 400,000 shares of
common stock outstanding before a stock
split occurred, and 800,000 shares
outstanding after the stock split. The stock
split was: *
4-for-1
2-for-1
5-for-1
II

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