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Callisto Began 2000 with 100,000 Shares of $3 Par Common

Question 25

Multiple Choice

Callisto began 2000 with 100,000 shares of $3 par common stock.The firm declared a 3-for-1 stock split on March 1,2010.How will the stock split affect Callisto's stockholders' equity?


A) increase
B) decrease
C) no effect
D) unable to determine from the information given

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