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Stock split the simpson company has 50000 shares of common

Stock Split. The Simpson Company has 50,000 shares of common stock having a par value of $12 per share. The board of directors decided on a 2-for-1 stock split. The market price of the stock was $20 before the split.

(a) Record the stock split. (b) What will the market price per share be immediately after the split?

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Cost Accounting: Stock split the simpson company has 50000 shares of common

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Cost Accounting: Stock split the simpson company has 50000 shares of common

Reference No:- TGS0806597

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