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Required Information Use the following information for the Exercises 8-9 below. (Algo) [The following information applies to the questions displayed below.] On June 30 ,
Required Information Use the following information for the Exercises 8-9 below. (Algo) [The following information applies to the questions displayed below.] On June 30 , Sharper Corporation's stockholders' equity section of Its balance sheet appears as follows before any stock dividend or split. Sharper declares and Immediately distrlbutes a 50% stock dividend. Exercise 11-9 (Algo) Stock split LO P2 Assume that Instead of distributing a stock dlvidend, Sharper did a 3-for-1 stock split. (1) Prepare the updated stockholders' equity section after the split. (2) Compute the number of shares outstanding after the split. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare the updated stockholders' equity section after the split. Complete this question by entering your answers in the tabs below. Compute the number of shares outstanding after the split
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