True/False
Generally, a stock dividend is declared to improve the marketability of the shares by reducing the market price per share, increasing the number of shares outstanding, and making it possible to have a wider ownership of the stock.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q78: Match the terms with the definitions.<br>-A proportionate
Q79: The ending balance of the retained earnings
Q80: A retained earnings appropriation is a restriction
Q81: An exchange of one share of an
Q82: A resolution by the board of directors
Q84: A dividend is declared by the<br>A) board
Q85: Corporate earnings that are not distributed to
Q86: After making four quarterly estimated payments of
Q87: A board of directors may declare a
Q88: If a corporation issues additional shares of