Which one of the following represents the economic effects of issuing a 2-for-1 stock split? No effect on par value per share or retained earnings Decrease par value per share, and no effect on retained earnings No effect on par value per share, and decrease retained earnings Increase par value per share and retained earnings Question 19 2 pts If a corporation uses retention of earnings to finance the purchase of property instead of issuing equity securities, then the debt/equity ratio will be the same under both options. it will pay more dividends. leverage is being used. a company's earnings per share will decrease