Problem #10 of 23 2 The number of shares remaining in the hands of shareholders after some stock has been reacquired is referred to as the shares a. in arrears. o b.issued. c. authorized d. outstanding. Problem #11 of 23 2 Which of the following statements is true concerning stock splits? a. The total number of shares outstanding has not changed after the stock split. b. Each shareholder will own the same total par amount of stock before and after the split. c. Stock splits require journal entries to be recorded. od. None of these choices are correct. 3 4 Problem #12 of 23 What is the total stockholders' equity based on the following data? $900,000 375,000 50,000 Common Stock Excess of Issue Price Over Par -Common Stock Retained Earnings a. $1,225,000 b. $1,275,000 c. $1,325,000 od. $900,000