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Oregon Inc $10 par common stock is selling for $110 per share. Four million shares are currently issued and outstanding. The company wants to know how their three different options will stimulate interest in the company. Please briefly explain how the following three options will affect the company.
1. a 20% stock dividend
2. a 100% stock dividend
3. a 2 for 1 stock split
Journalize the entries to record (a) the flow of costs into the Refining Department during the period for
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