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Fixit Corporation issued 20,000 shares of $20 par value common stock at its current market price of $22. How does this event affect total stockholders
Fixit Corporation issued 20,000 shares of $20 par value common stock at its current market price of $22. How does this event affect total stockholders equity?
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It increases by $640,000.
It is unaffected.
It increases by $440,000.
It increases by $400,000.
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