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Assume a firms latest balance sheet shows $15,000 in the common stock account, $315,000 in the capital in excess of par account, and $189,000 in
Assume a firms latest balance sheet shows $15,000 in the common stock account, $315,000 in the capital in excess of par account, and $189,000 in the retained earnings account. What will be the capital in excess of par account value if the firm does a 5-for-3 stock split?
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