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Question: A corporation, which had 15,000 shares of common stock outstanding, declared a 3-for-l stock split.
(a) What will be the number of shares outstanding after the split?
(b) If the common stock had a market price of $240 per share before the stock split, what would be an approximate market price per share after the split? (c) What journal entry do you make to record the stock split.
Some of the business practices portrayed in the film Inside Job would be criticised by both John Rawls and Robert Nozick. Identify and describe some of these problematic practices in Inside Job and then.
The certificate of formation for an LLC includes
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Denver Furniture Corp. is nationally recognized for making high-quality products. Management is concerned that the company is not fully exploiting.
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