True/False
Preferred Products started business on 1 March 2013, and issued 100 000 ordinary shares at a price of $2 per share. One year later, the share price had soared to $12. If Preferred Products does a
3- for- 1 share split, the balance sheet will show that there are 200 000 shares issued.
Correct Answer:
Verified
Correct Answer:
Verified
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