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Emerald Co. has 50,000 shares at $12 par common stock outstanding. If the company decides to declare a 2-to-1 stock split, the total stockholders' equity

Emerald Co. has 50,000 shares at $12 par common stock outstanding. If the company decides to declare a 2-to-1 stock split, the total stockholders' equity will:

Select one:

a.increase by $300,000.

b.increase by $600,000.

c.decrease by $50,000.

d.not change

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