Stock Splits Are Usually Declared in Order To

question 8

Multiple Choice

Stock splits are usually declared in order to:

• A)increase the number of shares outstanding.
• B)improve the earnings per share.
• C)reduce the shareholders' equity.
• D)reduce the shares' market price.

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Definitions:

Accountant Must Use

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QuickBooks

An accounting software program used by businesses for managing sales, expenses, payroll, and inventory.

Issued New

Typically refers to the process of distributing newly created shares, bonds, or other financial instruments by a company.

QuickBooks Online

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