Multiple Choice
Which of the following statements about a 2-for-1 stock split is not true?
A) The market value of the shares will probably decrease.
B) A shareholder with 200 shares before the split owns 400 shares after the split.
C) Legal capital per share is reduced to half of what it was before the split.
D) Total share capital increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: Limited liability of shareholders means<br>A)dividends will be
Q50: Cash dividends are declared out of<br>A)Dividends Payable.<br>B)Preferred
Q51: Which one of the following is not
Q52: The date on which a cash dividend
Q53: Which of the following is false about
Q55: Which of the following shows the proper
Q56: Which of the following is the appropriate
Q57: If a company repurchase shares for a
Q58: Under IFRS, which of the following describes
Q59: A company may repurchase its own shares