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Company A had a 2 for 1 stock split on its 10,000, $10 par value...

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Question

Accounting

Company A had a 2 for 1 stock split on its 10,000, $10 par value outstanding common stock shares. After the split what is the new number of outstanding shares and the par value?

a) 5,000, $5 b) 20,000, $20 c) 20,000, $5 d) 5,000, $20

Its C right?

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