Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders...
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Accounting
Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders equity of $1,200,000. It has 200,000 shares of $2 par value common stock outstanding which is currently selling for $5 per share. If Candela Company declares a 2-for-1 stock split on its common stock, which of the following will occur?
how is the calculation done?
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