A 2-for-1 stock split:
Multiple Choice:
A. Should logically cause the market price per share to drop by approximately 50%.
B. Is recorded by transferring the par value of additional shares from retained earnings to the common stock account.
C. Increases the number of outstanding shares of common stock, but par value per share remains the same as before the split.
D. Is accounted for in the same way as a 100% stock dividend.