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Which one of the following is a valid reason for a stock split? Choose the best answer: A. To increase ownership percentages of individual shareholders
Which one of the following is a valid reason for a stock split?
Choose the best answer:
A. To increase ownership percentages of individual shareholders
B. To adjust the market price of shares to a level where more individuals can afford
to invest in the stock
C. To increase reported net income during subsequent accounting periods
D. To increase the book value per share of common stock
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