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Carney Services, Inc

Question 58

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Carney Services, Inc., has just declared a 2-for-1 stock split. The company's pre-split common stockholders' equity was as follows:
Carney Services, Inc., has just declared a 2-for-1 stock split. The company's pre-split common stockholders' equity was as follows: If the pre-split price of common stock was $28.50, what will the new common equity section of the balance sheet look like? If the pre-split price of common stock was $28.50, what will the new common equity section of the balance sheet look like?

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