As a result of a stock split, a. shareholders' equity is increased. b. the stated value of
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As a result of a stock split,
a. shareholders' equity is increased.
b. the stated value of each share recorded in share capital is changed in the reverse proportion as the stock split.
c. the shareholders have a higher proportionate ownership of the company.
d. the market price of the outstanding shares is increasing because a split is evidence of a profitable company.
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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