Dark Corp began operations on March 1, 2016 . The corporate charter authorized issuance of 3,000 shares of $2 par value common stock. Dark sold all of the stock on March 1 . On May 1, Dark repurchased 2,000 of the outstanding shares. On May 14, Dark sold 1,200 of the treasury shares. On June 1, Dark declared a 2-for-1 stock split. As a result of the split, what occurred?
a. Assets declined.
b. Stockholders' equity increased.
c. Stockholders' equity decreased.
d. Total stockholders' equity stayed the same.
d
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a. True b. False Indicate whether the statement is true or false
Which of the following is true of the value-in-use pricing method?
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A) inside information B) material C) immaterial D) a mandate
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Indicate whether the statement is true or false