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Business, 30.07.2021 18:30 QueenNerdy889

Pettygrove Company had 800,000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $4,000,000, and Retained Earnings is $1,200,000. The company issues a 2-for-1 stock split. The market price of the stock is $14. What is the balance in the Common Stock account after this issuance

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Pettygrove Company had 800,000 shares of $10 par value common stock outstanding. The amount of addit...
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