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Gordon Corporation Reported the Following Equity Section on Its Current

Question 33

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Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share. Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $11.50 per share.   After a 2-for-1 stock split, what would be the number of issued shares? A) 240,000 B) 280,000 C) 260,000 D) 120,000 After a 2-for-1 stock split, what would be the number of issued shares?


A) 240,000
B) 280,000
C) 260,000
D) 120,000

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