The 2:1 split of shares (stock split-up): a. increases par value per share without affecting total equity. b. decreases par value per share and increases total equity. c. decreases par value per share without affecting total equity.
The 2:1 split of shares (stock split-up): a. increases par value per share without affecting total equity. b. decreases par value per share and increases total equity. c. decreases par value per share without affecting total equity.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The 2:1 split of shares (stock split-up):
a. increases par value per share without affecting total equity.
b. decreases par value per share and increases total equity.
c. decreases par value per share without affecting total equity.
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