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Ovo Large stock dividends and stock splits are issued primarily to: 16 Multiple Choice points 8 01:28:07 Decrease the number of outstanding shares of stock.

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Ovo Large stock dividends and stock splits are issued primarily to: 16 Multiple Choice points 8 01:28:07 Decrease the number of outstanding shares of stock. Generate a cash inflow for the company. O Lower the trading price of the stock per share. Increase the trading price of the stock per share. 17 Nation Shipping Corporation issued a $25,000. 6%, 4-year installment note payable on January 1, 2021 to purchase a delivery truck. Payments of $58713 are due at the end of each month for 48 months. How much will be recorded for Interest expense for the first payment on January 31 2021? Multiple Choice Ono $125.00 $58713 18 Which of the following accounts is not reported in the stockholders' equity section of the balance sheet? Multiple Choice 01.2002 Common Stock Dividends O Treasury Stock Retained Earnings

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