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Please explain in detail the answer. 2. A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock

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Please explain in detail the answer.

2. A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be A. 160,000 shares B. 40,000 shares C. 120,000 shares D. 10,000 shares

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