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True or False 1. A stock split will decrease the par value per share of the stock. 2. Discontinued operations are shown in the income

True or False

1. A stock split will decrease the par value per share of the stock.

2. Discontinued operations are shown in the income statement net of any related income tax effects.

3. When a small (under 10%) stock dividend is declared, the market value of the stock is transferred from Retained Earnings into other stockholder equity accounts.

4. A stock split changes the par value of a stock, whereas a stock dividend does not.

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