Multiple Choice
Stock splits are often used to:
A) adjust the market price of a stock such that it falls within a preferred trading range.
B) decrease the excess cash held by a firm.
C) increase both the number of shares outstanding and the market price per share.
D) increase the total equity of a firm.
E) adjust the debt-equity ratio such that it falls within a preferred range.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: Assume a firm has a market value
Q54: Financial executives place the greatest importance on
Q55: A one-for-four reverse stock split will:<br>A)increase the
Q56: The Tinslow Co.has 125,000 shares of stock
Q57: A firm can repurchase its shares in
Q59: Murphy's has shares of stock outstanding with
Q60: A stock split:<br>A)increases the total book value
Q61: You purchased 200 shares of ABC stock
Q62: The last date on which you can
Q63: The Cameron Co.is paying a dividend of