A 2-for-1 stock split will:
A. Increase the total par value of the stock and increase the number of shares outstanding.
B. Decrease the total par value of the stock and increase the number of shares outstanding.
C. Not change the total par value of the stock and increase the number of shares outstanding.
D. Increase total stockholders' equity.
Answer:C
A 2-for-1 stock split will:
A. Increase the total par value of the stock and increase the number of shares outstanding. B. Decrease the total par value of the stock and increase the number of shares outstanding. C. Not change the total par value of the stock and increase the number of shares outstanding. D. Increase total stockholders' equity.