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Business, 21.11.2019 18:31 Caleb4904

On june 13, the board of directors of siewert inc. declared a 2-for-1 stock split on its 50 million, $1 par, common shares, to be distributed on july 1. the market price of siewert common stock was $19 on june 13. prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. what is the par per share after the split?

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