Multiple Choice
Which of the following statements is true?
A) Stock splits and stock dividends both reduce the market price of a share,but only stock splits reduce the par value of a share.
B) Stock splits and stock dividends both reduce the market price of a share and the par value of a share.
C) Stock splits and stock dividends both reduce the market price of a share,but only stock dividends reduce the par value of a share.
D) Stock splits and stock dividends both reduce the market price of a share and reduce retained earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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