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11. Assume that ABC Company's Stockholders' Equity category of the balance sheet appears as follows as of January 1, 2018 : Assume that ABC 's
11. Assume that ABC Company's Stockholders' Equity category of the balance sheet appears as follows as of January 1, 2018 : Assume that ABC 's common stock is selling at $35 per share on that date. What is the effect on the Stockholders' Equity section of ABC's balance sheet if the company issues a 3-for-1 stock split on January 2, 2018
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