Our company had 20000 shares of common stock outstanding


Question - Our company had 20,000 shares of common stock outstanding. Par value is $10. Our company approved a 2-for-1 stock split. What are the common stock shares and par value after the split? What is the impact on total shareholders equity?

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Accounting Basics: Our company had 20000 shares of common stock outstanding
Reference No:- TGS02438774

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