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Ix company issued 20,000 shares of 20$ par value stock at a market price of 32$. As a result of this accounting event, the amount
Ix company issued 20,000 shares of 20$ par value stock at a market price of 32$. As a result of this accounting event, the amount of stockholders equity would:
A: increase by 640,000$
B: be unaffected
C: increase by 400,000$
D: increase by 240,000$
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