A 2-For-1 Stock Split Is Declared

question 89

Multiple Choice

A 2-for-1 stock split is declared. In this case which of following statements is true?

• A) the cash account declines
• B) the common stock account rises
• C) the retained earnings fall
• D) the number of common shares increases

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Definitions:

External Stakeholders

Individuals or groups outside of an organization who are affected by its activities and decisions, such as customers, suppliers, investors, and the community.

Global Virtual Teams

Teams that work together from different geographical locations, connected through technology, to achieve common goals.

Language Differences

Variations in the spoken or written form of communication between individuals or groups, often leading to misunderstandings or communication barriers.

Global Teams

Groups of workers from various geographic locations and often different cultures who collaborate on projects or tasks, facilitated by technology.