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Indicate on the Blanks Below the Effect (Increase,decrease,no Effect)of a Stock

Question 197

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Indicate on the blanks below the effect (increase,decrease,no effect)of a stock split on each of the items listed.

Premises:
Par value per share
Total stockholders' equity
Balance of Common Stock account
Total number of shares outstanding
Total retained earnings
Assets
Total contributed capital
Responses:
increase
no effect
decrease

Correct Answer:

Par value per share
Total stockholders' equity
Balance of Common Stock account
Total number of shares outstanding
Total retained earnings
Assets
Total contributed capital
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