B is corrent because stock splits do not decrease the property of the corporation nor do they increase the property of the recipient. The only effects of a stock split are on the number of shares outstanding and on the par value of the stock. The assets, total stockholders’ equity, and the additional paid-in capital accounts of the company are not affected.
A is incorrect because stock splits do not decrease the property of the corporation nor do they increase the property of the recipient. The only effects of a stock split are on the number of shares outstanding and on the par value of the stock. The assets, total stockholders’ equity, and the additional paid-in capital accounts of the company are not affected.
C is incorrect because stock splits do not decrease the property of the corporation nor do they increase the property of the recipient. The only effects of a stock split are on the number of shares outstanding and on the par value of the stock. The assets, total stockholders’ equity, and the additional paid-in capital accounts of the company are not affected.
D is incorrect because stock splits do not decrease the property of the corporation nor do they increase the property of the recipient. The only effects of a stock split are on the number of shares outstanding and on the par value of the stock. The assets, total stockholders’ equity, and the additional paid-in capital accounts of the company are not affected.
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