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A 2-for-1 stock split: O is accounted for in the same way as a 100% stock dividend. Increases the number of outstanding shares of common

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A 2-for-1 stock split: O is accounted for in the same way as a 100% stock dividend. Increases the number of outstanding shares of common stock, but par value per share remains the same as before the split. O Is recorded by transferring the par value of additional shares from retained earnings to the common stock account. 0 would be expected to cause the market price per share to drop by approximately 50%

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