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Indicate whether each of the following statements about stockholders' equity is true or false. a) The balance in the treasury stock account increases total

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Indicate whether each of the following statements about stockholders' equity is true or false. a) The balance in the treasury stock account increases total stockholders' equity. b) A company may acquire treasury stock in an effort to increase the market price of its stock. c) The declaration and distribution of a stock dividend reduces retained earnings. A 2-for-1 stock split will probably double the monetary value of each investor's holdings on the date the split takes effect.

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