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    Cornerstones of Financial Accounting Study Set 3
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    Exam 10: Stockholders Apos Equity
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    A Stock Split Has the Effect of Reducing the Par
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A Stock Split Has the Effect of Reducing the Par

Question 158

Question 158

Essay

A stock split has the effect of reducing the par value per share and the number of shares outstanding.

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Answered by ExamLex AI

A stock split actually does not reduce t...

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