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    Exam 13: Corporations: Organization, Stock Transactions, and Dividends
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    A Corporation Has 10,000 Shares of $100 Par Stock Outstanding
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A Corporation Has 10,000 Shares of $100 Par Stock Outstanding

Question 172

Question 172

True/False

A corporation has 10,000 shares of $100 par stock outstanding. If the corporation issues a 5-for-1 stock split, the number of shares outstanding after the split will be 40,000.

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