Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 18, Problem 8DQ
Summary Introduction

To explain: The treatment of a stock split on a corporation’s financial statements.

Introduction:

Stock split:

A corporate procedure through which a company’s management divides its current shares to increase the shares outstanding is termed as stock split. It helps in boosting the liquidity of shares.

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