Which of the following descriptions relates to the definition of a share split: a. When a corporation

Question:

Which of the following descriptions relates to the definition of a share split:

a. When a corporation distributes retained earnings to shareholders based on their percentage share ownership.

b. When a corporation distributes additional shares to shareholders based on their percentage ownership.

c. When a corporation reduces the number of shares outstanding by decreasing each shareholder’s percentage of share ownership.

d. None of the above.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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