A company declares a 3 for 1 stock split at a time when you are holding 300 shares of the company. Which of the following statements is correct?: Your voting interest (control) of the company changes The market value of the company's stock will stay the same The company felt the stock price was trading at too low a level as probable justification for the split The company needs not make a journal entry for this event There are no correct statements above

Q: Bob’s Belts issued a 2 for 1 stock split.  The balance in retained earnings at the time of the split…

A: Correct answer is D) $0 Stock splits do not affect stockholders equity

Q: Assume that Bennington Corporation has 2,000,000 shares of $1 par value common stock issued and…

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Q: Question # 2:            Which of the following statements is CORRECT? a. If Apple issues…

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Q: On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 120…

A:

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