Multiple Choice
As a result of a stock split,
A) an entry must be made showing the effect on stockholders' equity.
B) the market price of the outstanding stock will increase because a split is evidence of a profitable company.
C) the par value of the stock is changed in the reverse proportion as the stock split.
D) the stockholders have a higher proportionate ownership of the company.
Correct Answer:
Verified
Correct Answer:
Verified
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