Multiple Choice
When a company declares a 2-for-1 stock split,
A) stockholders' equity is doubled.
B) there is no effect on total stockholders' equity.
C) a shareholder who previously held 100 shares will have 300 shares after the split.
D) the price of each share will be one-third of what it was before the stock split.
Correct Answer:
Verified
Correct Answer:
Verified
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