TRE-ICOL Problem #7 of 23 A major objective of a stock split is to a. reduce the market price per share of the stock. b. reduce the number of shares of the stock. c. increase the market price per share of the stock. d. increase the par value of the stock. Problem #8 of 23 The column headings on a statement of stockholders' equity best represent a. the column headings on the retained earnings statement. b. the column designations in the Stockholders' Equity section of the balance sheet. c. the row designations in the Stockholders' Equity section of the balance sheet. od. None of these choices are correct. Problem #9 of 23 When no-par stock is issued, a. Common Stock is credited for a standard $10 value. b. Common Stock is credited for an assumed par value. c. Paid-In Capital in Excess of Paris credited for the full amount of the proceeds. d. Common Stock is credited for the full amount of the proceeds