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Which of the following statements regarding stock splits is incorrect ? A. A stock split increases totalowners' equity. B. A stock split involves a reduction
Which of the following statements regarding stock splits is incorrect?
A. A stock split increases totalowners' equity.
B. A stock split involves a reduction in theshare's issue value.
C. A stock split is an increase in the number ofauthorized, issued, and outstanding shares.
D. A stock split decreases the market price of the shares.
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