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.

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: