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Question 8 2 pts The principal reason for a company having a common stock split is to: decrease the market value per share of common

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Question 8 2 pts The principal reason for a company having a common stock split is to: decrease the market value per share of common stock. increase the total cash dividends paid to stockholders. capitalize retained earnings. decrease total owners' equity. Question 9 2 pts If a firm sells treasury stock for more than its cost: additional paid-in capital is increased. a gain is recognized in the income statement. retained earnings is increased. total owners' equity does not change

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