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Kaneb Services, Inc

question 150

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Kaneb Services, Inc. has just declared a 3-for-2 stock split. The company's pre-split common stockholders' equity was as follows: Kaneb Services, Inc. has just declared a 3-for-2 stock split. The company's pre-split common stockholders' equity was as follows:   If the pre-split price of common stock was $42, what will be the amount of retained earnings after the split? A) $140,100,000 B) $139,200,000 C) $182,100,000 D) $141,350,000 If the pre-split price of common stock was $42, what will be the amount of retained earnings after the split?

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Processing Information

The act of taking in, interpreting, and making sense of information, which is a fundamental aspect of cognitive functioning.

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