Which of the following correctly describes the effect of declaring a 2:1 stock split? Select...
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Accounting
Which of the following correctly describes the effect of declaring a 2:1 stock split? Select all answers that apply.
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Total stockholders equity decreases
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Total stockholders equity increases
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The number of shares outstanding is cut in half
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The number of shares outstanding doubles
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The par value of each share is cut in half
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The par value of each share is doubled
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