Ishwar Inc.had 300,000 common shares before a stock split occurred and 600,000 shares after the stock split.The stock split was

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Quizplus · Accepted Answer

A 2 for 1 stock split means that for every 1 share owned before the split, the shareholder will receive 2 shares after the split. So, in this case, the number of shares doubled from 300,000 to 600,000, which fits with a 2 for 1 stock split. Therefore, choice D is the best answer.