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On July 1, 2019, Moody Corporation was authorized to issue 200,000 common shares and issued 70,000 shares. On July 2, Moody Corporation declared a
On July 1, 2019, Moody Corporation was authorized to issue 200,000 common shares and issued 70,000 shares. On July 2, Moody Corporation declared a 50% stock dividend to be distributed on July 31. On September 1, Moody Corporation declared a 2-for- 1 stock split. How many common shares were outstanding at September 2, 2019?
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
