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Answer the following 5. Your company has 1,000,000 shares of $5 par common...

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Accounting

Answer the following

5. Your company has 1,000,000 shares of $5 par common stock outstanding. It declares a 5 for 1 stock split. Show the effects of this stock split.

6 Your company has 2,000,000 shares of $0.20 par common stock. It declares a 20 for 1 reverse split. Show the effects of the reverse split

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