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11. Issuance of a stock split has no effect on retained earnings. a a True b) False 12. Treasury shares are issued and outstanding shares.
11. Issuance of a stock split has no effect on retained earnings. a a True b) False 12. Treasury shares are issued and outstanding shares. a) True b) False 13. EPS (earnings per share) is not required to be reported in the income statement but is optional a True b) False 14. Companies report earnings per share for preferred stock, too. a) True
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