1: Declaration of a cash dividend causes:

Group of answer choices

A: a decrease in paid-in-capital.

b: an increase in cash.

c: a decrease in stockholders' equity.

d: None of these answers is correct.

2: XYZ Corporation issued a two-for-one stock split. The number of outstanding shares before the split was 20,000 and the market value was $24 per share. After the split, what was the market value per share and number of shares?

Group of answer choices

a: 10,000 shares and $12 per share40,000 shares and $24 per share

b: 40,000 shares and $12 per share

c: 10,000 shares and $24 per share