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1. All of the following will occur when a company executes a 2-1 stock split EXCEPT: The number of shares authorized will double. The par
1. All of the following will occur when a company executes a 2-1 stock split EXCEPT: The number of shares authorized will double. The par value of the stock will double. The stock price is likely to decrease by half. The number of shares outstanding will double. 2. Falcon company declared a cash dividend payable to common shareholders on November 15, 2020. The dividend will be payable to shareholders of record on November 30, 2020. The company's fiscal year end is December 31, 2020. The cash dividend will be paid on January 15, 2021. On which date will shareholders' equity decrease? November 15, 2020 November 30, 2020 December 31, 2020 January 15, 2021 3. Select the answer where both transactions decrease Total Stockholders' Equity: (i) Reporting a net loss on the income statement; (ii) issuing common stock in exchange for equipment (i) Declaring a cash dividend; (ii) executing a stock split (i) Retiring common stock; (ii) Acquiring treasury stock (i) Paying a cash dividend; (ii) distributing a stock dividend with fractional share rights
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