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A corporation began operations on October 1, 2014, with 3,000 shares of $2 par common stock authorized. The company issued common stock on several occasions during 2014 and 2015. On December 31, 2015, the company repurchased 1,000 shares of its outstanding shares and then reissued 500 of these shares on March 1, 2016. On June 1, 2016, the company's board of directors declared a 2-for-1 stock split. As a result of this stock split, which of the following is true?
Achieve
To successfully reach a desired or intended goal, often as a result of effort or skill.
Teams Competency
The combined skills, knowledge, and abilities of a team that enable it to perform effectively and achieve its goals.
SEI Investments
A global provider of investment processing, management, and operations solutions to corporations, financial institutions, financial advisors, and ultra-high-net-worth families.
Team Leaders
Individuals responsible for guiding, directing, and motivating members of a group towards achieving collective goals.
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