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ABC has 380,000 authorized, 250,000 shares issued and 118,000 shares outstanding. ABC issues a 9/1 stock split (for every 1 share owned by an
ABC has 380,000 authorized, 250,000 shares issued and 118,000 shares outstanding. ABC issues a 9/1 stock split (for every 1 share owned by an investor, the investor gets 9 shares). Sam has 120 shares of stock. After the stock split, how many shares of ABC stock does Sam have? Your Answer: Answer
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
18th edition
538479736, 978-1111534783, 1111534780, 978-0538479738
