Question
On September 1, 2016, Utah Companys balance sheet indicates there are 1,600,000 shares of $60 par value common shares in the Common Stock account and
On September 1, 2016, Utah Companys balance sheet indicates there are 1,600,000 shares of $60 par value common shares in the Common Stock account and $9,000,000 in the Additional Paid-in Capital account. There are 4,000,000 shares authorized. On September 2, Utah splits its stock 2 for 1. How many of Utahs shares of common stock are issued and outstanding immediately after the stock split?
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Foreign Corrupt Practices Act Compliance Guidebook Protecting Your Organization From Bribery And Corruption
Authors: Martin T. Biegelman, Daniel R. Biegelman
1st Edition
0470527935, 978-0470527931
