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On March 2, Xie Company splits its common stock 2-for-1 and reduces the par value to $10 per share. Required a. How many shares of
On March 2, Xie Company splits its common stock 2-for-1 and reduces the par value to $10 per share. Required a. How many shares of common stock are issued and outstanding immediately after the stock split? b. What is the dollar balance in its common stock account immediately after the stock split? $ c. What is the dollar balance in its paid-in capital in excess of par value account immediately after the stock split? $
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