Multiple Choice
If a corporation declares a 2-for-1 stock split, which of the following is true?
A) The amount of stockholders' equity is double as a result of the split.
B) The amount of capital stock is doubled as a result of the split.
C) The price of each will be doubled as a result of the split.
D) A stockholder who previously held 100 shares will have 200 shares after the split.
Correct Answer:
Answered by ExamLex AI
Correct Answer:
Answered by ExamLex AI
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