When Corporations Elect to Issue Two or More Shares of Stock

question 368

Multiple Choice

When corporations elect to issue two or more shares of stock to existing stockholders for each share they currently own, they have initiated a(n)

• A) stock split.
• B) dividend spread.
• C) share dividend.
• D) earnings split.

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Definitions:

Beddings

Layers of sedimentary rock that indicate the accumulation of sediment over time, each with distinctive properties.

Strait of Gibraltar

A narrow passage of water connecting the Atlantic Ocean to the Mediterranean Sea, bordered by Spain in the north and Morocco in the south.

Atlantic Ocean

The Atlantic Ocean is the second-largest ocean in the world, separating the continents of North America and Europe to the west from Africa and Europe to the east.

Sediment

Particles of rock, soil, or biological origin that are transported and deposited by wind, water, or ice.