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ASP Corporation has 60,000 shares of $4 par value common stock outstanding. On January 5, ASP declares a 2 for 1 stock split. What is
ASP Corporation has 60,000 shares of $4 par value common stock outstanding. On January 5, ASP declares a 2 for 1 stock split. What is the total value in common stock after the stock split?
$60,000 | ||
$120,000 | ||
$480,000 | ||
$240,000 |
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