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Andrews Corporation began business on January 1, 2018. Due to difficulties in beginning operations, the company issued 30 shares of common stock (par $10) on
Andrews Corporation began business on January 1, 2018. Due to difficulties in beginning operations, the company issued 30 shares of common stock (par $10) on January 1, 2018, to the organizers. Fifteen additional shares were also sold on that date. The following also occurred during the year 2018: 5. February 1 April 1 August 1 December 1 2-for-1 stock split 10 percent stock dividend 5-for-1 stock split Purchase treasury stock of 90 shares T0155 a. 64.08 shares. b. 247.50 shares. c. 322.50 shares. d. 2 shares
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