The book value per share of common stock at 12/31/21 is calculated as A) 390 + 14 B) 220 + 14. C) 470 + 14. D) 465 = 14. 34) What effect does the issuance of a 2-for-1 stock split have on each of the following? Par Value per Share Retained Earnings A) No effect Increase Decrease Decrease No effect No effect Decrease No effect D) 35) The rate of return on common stock equity is computed by dividing net inc by the average common stockholders' equity. 36) The atcounting for declaration and payment of dividends is different under IFRS and GAAP