Multiple Choice
Which of the following statements is false?
A) Both stock splits and stock dividends increase the number of common shares issued.
B) Both stock splits and stock dividends increase the number of common shares outstanding.
C) Stock splits reallocate amounts between retained earnings and contributed capital accounts.
D) Both stock splits and stock dividends have the impact of reducing the market price of the stock.
Correct Answer:
Verified
Correct Answer:
Verified
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