Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) A 2-for-1 common stock split decreases both earnings per share and total stockholders' equity.
B) A 10% common stock dividend decreases both earnings per share and total stockholders' equity.
C) A 2-for-1 common stock split increases both the number of common shares outstanding and total stockholders' equity.
D) A 30% common stock dividend increases the number of common shares outstanding and does not affect total stockholders' equity.