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QUESTION
What is the effect of a stock split on assets and total stockholders' equity?
What is the effect of a stock split on assets and total stockholders' equity?
a. No change in assets; no change in Stockholder's Equity.
b. Increase in assets; increase in Stockholder's Equity.
c. Decrease in assets; decrease in Stockholder's Equity.
d. No change in assets; decrease in Stockholder's Equity.
