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The effect of a stock split is to convert preference shares into common shares increase the number of shares, but leave everything else the same
The effect of a stock split is to convert preference shares into common shares increase the number of shares, but leave everything else the same increase the number of shares and reduce the retained earnings decrease the number of shares none of the above
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
