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At the time that Kirby Company issued a 5-for-2 stock split, the company had 2,800 shares of $10 par value common stock outstanding. Stockholders' equity
At the time that Kirby Company issued a 5-for-2 stock split, the company had 2,800 shares of $10 par value common stock outstanding. Stockholders' equity also contained $18,000 of additional paid-in capital and $25,000 of retained earnings. Immediately after the stock split the
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