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Question - Red Inc. had 150,000 shares of common stock outstanding before a stock split occurred, and 750,000 shares outstanding after the stock split. What the stock split?
A. 1 for 5
B. 3 for 1
C. 5 for 1
D. 2 for 5
sec accounting and auditing enforcement release aaer no. 108 specifies certain conditions or criteria that a bill and
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