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A stock split will a. reduce the par value per share of stock. O b. decrease total common stock on the balance sheet. O c.
A stock split will a. reduce the par value per share of stock. O b. decrease total common stock on the balance sheet. O c. increase total owners' equity. O d. reduce retained earnings. When a company receives payment from a customer whose account receivable was previously written off the company a. records a gain from unexpected collections. O b.records a decrease in bad debt expense. O c reinstates the customer's account to the balance of both gross receivables and the allowance. O d. records an increase in net revenue. A year-end balance sheet includes the following information for Owners Equity: $ 50,000 Common stock (100,000 shares issued, 90,000 shares outstanding) Additional pald-in capital Retained earnings Less: Treasury stock (10.000 shares) 650,000 275.000 (290,000) Assuming all shares were issued on the same date, what price per share did investors pay to purchase shares of this company
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