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ques 11 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
ques 11
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-for1 stock split. How many common shares were outstanding at September 2, 2019? 260,000400,000140,000210,000 Step by Step Solution
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