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Raedy Corporation Reported the Following Equity Section on Its Current

Question 151

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Raedy Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.25 per share. Raedy Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.25 per share. After a 2-for-1 stock split, what is the number of issued shares? A) 262,000 B) 296,000 C) 279,000 D) 131,000 After a 2-for-1 stock split, what is the number of issued shares?


A) 262,000
B) 296,000
C) 279,000
D) 131,000

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