Question
When a company declares a 2-for-1 stock split, _____. a shareholder who previously held 100 shares will have 300 shares after the split stockholders' equity
When a company declares a 2-for-1 stock split, _____.
a shareholder who previously held 100 shares will have 300 shares after the split
stockholders' equity is double
there is no effect on total stockholders' equity
the price of each share will be one third of what it was before the stock split
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
