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Which of the following correctly describes the effect of declaring a 2:1 stock split? Select...

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Accounting

Which of the following correctly describes the effect of declaring a 2:1 stock split? Select all answers that apply.

  • Total stockholders equity decreases

  • Total stockholders equity increases

  • The number of shares outstanding is cut in half

  • The number of shares outstanding doubles

  • The par value of each share is cut in half

  • The par value of each share is doubled

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