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    Financial and Managerial Accounting Study Set 5
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    Exam 11: Corporations: Organization, Stock Transactions, and Dividends
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    Marcos Company, Which Had 35,000 Shares of Common Stock Outstanding
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Marcos Company, Which Had 35,000 Shares of Common Stock Outstanding

Question 66

Question 66

Essay

Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split.
Required:
Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split. Required:

Correct Answer:

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(1) 140,000 shares (...

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