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Woodruff Corporation Has 170,000 Shares of $10 Par Value Common

Question 146

Essay

Woodruff Corporation has 170,000 shares of $10 par value common stock issued and outstanding. If Woodruff Corporation issued a 2-for-1 stock split, what dollar amount would be shown for common stock on the balance sheet after the stock split?

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Before split: 170,00...

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