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Fast2F Fast2F
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6 years ago
XYZ Corporation issued a four-for-one stock split. The number of outstanding shares before the split was 20,000 and the par value was $24 per share. After the split, what was the par value per share and number of shares?
A) 80,000 shares and $18 per share
B) 80,000 shares and $6 per share
C) 80,000 shares and $12 per share
D) 80,000 shares and $24 per share
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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