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`In the past year, gosser corporation declared a 10% stock dividend and Jenks inc. announced a 2- for-1 stock split. your parents own 100 shares
`In the past year, gosser corporation declared a 10% stock dividend and Jenks inc. announced a 2- for-1 stock split. your parents own 100 shares of each company's $50 par value common stock. During a recent phone call, your parents ask you as an accounting student to explain the differences between the two events.
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