Question
Which one of the following is a valid reason for Katie Co to do a normal stock split? To increase ownership percentages of individual shareholders
Which one of the following is a valid reason for Katie Co to do a normal stock split?
To increase ownership percentages of individual shareholders
To increase EPS during subsequent periods
To adjust the market price of shares to a level where more individuals can afford to invest in the stock
To increase the book value per share of common stock
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
