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Business, 21.09.2020 02:01 ggpro4life3000

Kosmier Company has outstanding 500,000 shares of $50 par value common stock that originally sold for $60 per share. During the three most recent years, the company carried out the following activities in the order presented: declared and distributed a 10 percent stock dividend, declared and paid a cash dividend of $1 per share, declared and distributed a 2-for-1 stock split, and declared and paid a $0.60 per share cash dividend. a. Determine the number of shares of stock outstanding after the four transactions described above.

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Kosmier Company has outstanding 500,000 shares of $50 par value common stock that originally sold fo...

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