26 2 pts What effect does a Stock Dividend have on total Stockholders' Equity? Total Stockholders' Equity increases Total Stockholders' Equity decreases It could either increase or decrease total Stockholders's equity It has no effect on total Stockholders' Equity D Question 27 2 pts Which of the following statements is TRUE regarding a 2-for-1 stock split? Total contributed capital decreases Par value per share will be twice the amount of what it was before the split. A stockholder with ten shares before the split owns twenty shares after the split. The market price of the stock will probably increase. Question 28 On May 1, 2010, ROK Corporation had 400,000 shares of $30 par value common stock outstanding, with a market value of $90 per share. On May 2, 2010, ROK announced a 3-for-1 stock split. After the split, what was the par value of the stock? $10 $20 $30 $90 Question 29 Which of the following statements is TRUE? Stock Splits decrease total stockholders' equity Cash Dividends decrease total Stockholders' Equity Stock Dividends decrease total Stockholders' Equity All of the above answers are true. 2 pts