a. Lower net revenue. QUESTION 20 Which of the following statements is not true about a 2-for-1 stock split? a. Par value per share is reduced to half of what it was before the split. b. Total owners' equity increases. OC. A stockholder with ten shares before the split owns twenty shares after the split. Od. The market price per share probably will decrease. QUESTION 21

a. Lower net revenue. QUESTION 20 Which of the following statements is not true about a 2-for-1 stock split? a. Par value per share is reduced to half of what it was before the split. b. Total owners' equity increases. OC. A stockholder with ten shares before the split owns twenty shares after the split. Od. The market price per share probably will decrease. QUESTION 21

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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