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The common stock of Alexander Hamilton Inc. is currently selling at $112 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $8; book value is $77 per share. 9.83 million shares are issued and outstanding.Prepare the necessary journal entries assuming the following. (a) The board votes a 2-for-1 stock split.(b) The board votes a 100% stock dividend.

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Business Tutor: Johnmark1900, Associate Degree replied 2 years ago
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Hello

My name is ***** ***** can assist you. let me know your deadline

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Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 2 years ago
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