Question
Which of the following is a reason for a company to announce astock split? a) To rewardinvestors b) To increase total stockholders' equity c) To
Which of the following is a reason for a company to announce astock split?
a) To rewardinvestors
b) To increase total stockholders' equity
c) To decrease the market price at which the stock is trading
d) To provide the shareholders with something of value, when thecompany cannot afford a cash dividend
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
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