Pryor Corporation Issued a 2-For-1 Common Stock Split

question 72

Multiple Choice

Pryor Corporation issued a 2-for-1 common stock split. The shares had been originally issued at $ 10 per share. At what amount should retained earnings be capitalized for the additional shares issued?

• A) There should be no capitalization of retained earnings.
• B) $ 10 per share
• C) market value on the declaration date
• D) market value on the payment date

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Unwanted physical or verbal sexual behavior that occurs in the context of a relationship of unequal power and that is experienced as a threat to the victim’s job or educational activities.

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