Q33 Identify the correct statement regarding the bonus issue. Select one: a. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become cheap and more marketable. b. Bonus issue is done to increase the number of shares in the market therefore increasing their market price so that they become cheap and more marketable. c. Bonus issue is done to decrease the number of shares in the market therefore increasing their market price so that they become cheap and more marketable. d. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become expensive and more marketable.
Q33 Identify the correct statement regarding the bonus issue. Select one: a. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become cheap and more marketable. b. Bonus issue is done to increase the number of shares in the market therefore increasing their market price so that they become cheap and more marketable. c. Bonus issue is done to decrease the number of shares in the market therefore increasing their market price so that they become cheap and more marketable. d. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become expensive and more marketable.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Q33
Identify the correct statement regarding the bonus issue.
Select one:
a. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become cheap and more marketable.
b. Bonus issue is done to increase the number of shares in the market therefore increasing their market price so that they become cheap and more marketable.
c. Bonus issue is done to decrease the number of shares in the market therefore increasing their market price so that they become cheap and more marketable.
d. Bonus issue is done to increase the number of shares in the market therefore lowering their market price so that they become expensive and more marketable.
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