Early in 2020, Sporty corporation issued 150,000 common shares ($ 1 par value). During the year, the
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Question:
Early in 2020, Sporty corporation issued 150,000 common shares ($ 1 par value). During the year, the company purchased 20,000 of these shares as Treasury stock. After that, a 10% stock dividend was declared and distributed to shareholders.
At year-end, a stock split of 1: 2 was approved and implemented by the company.
The number of issued shares at year-end is...................
NOTE: (When writing your answer do not use commas or signs of the dollar. For example, if your answer is $10,000, write it as 10000)
Related Book For
Macroeconomics Principles and Policy
ISBN: 9780324586213
11th Edition
Authors: William J. Baumol, Alan S. Blinder
Posted Date: