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17 A company authorized to issue 380,000 common shares has 57.000 outstanding common shares as of January 1, 2021 Later that year, the company declares
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A company authorized to issue 380,000 common shares has 57.000 outstanding common shares as of January 1, 2021 Later that year, the company declares a 5-for-3 stock split on its outstanding common shares. The stock split will cause EPS to (11 and the number of common shares outstanding after the stock split will be -122 (Click to select) (Click to select) (1) decrease: (2)95,000 (1) decrease: (2) 38,000 (1) increase; (2) 38,000 (1) increase: (2) 95.000 Step by Step Solution
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