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What will the retained earnings account balance be after the split? The Outlet has 6,000 Shares Of Stock outstanding Wilh a par value Of S
What will the retained earnings account balance be after the split?
The Outlet has 6,000 Shares Of Stock outstanding Wilh a par value Of S I per Share _ The current market value of the firm is S420.OOO. Thc balance sheet shows thc capital in excess of par account value of 36,000 and retained earnings of S234,OOO_ The company just announced a stock split. What will the retained earnings account balance be after the split?
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
