Which of the Following Statements Is Correct

question 47

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.

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Definitions:

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