Business, 01.07.2020 17:01, smarcalli6457

Pettygrove Company had 1,700,000 shares of $10 par value common stock outstanding. The amount of additional paid-in capital is $8,500,000, and Retained Earnings is $2,550,000. The company issues a 2-for-1 stock split. The market price of the stock is $11. What is the balance in the Common Stock account after this issuance

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Pettygrove Company had 1,700,000 shares of $10 par value common stock outstanding. The amount of add...