Which of the following statements is not true about a 2-for-1 stock split? a. Par value per share is reduced to half of what it was before the split. b. Total owners' equity increases. c. A stockholder with ten shares before the split owns twenty shares after the split. Od. The market price per share probably will decrease.
Which of the following statements is not true about a 2-for-1 stock split? a. Par value per share is reduced to half of what it was before the split. b. Total owners' equity increases. c. A stockholder with ten shares before the split owns twenty shares after the split. Od. The market price per share probably will decrease.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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