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CB Corporation issued a 2 for 1 stock split. Which of the following is NOT a true statement concerning the effect of the split? Multiple

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CB Corporation issued a 2 for 1 stock split. Which of the following is NOT a true statement concerning the effect of the split? Multiple Choice There is a continuation of retained earnings with no reduction in its balance The number of shares outstanding is increased A proportionate reduction in the por value per share occurs There's transfer of retained earnings to contributed catal

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