A 3-For-1 Ordinary Share Split Will Increase Total Equity but Reduce

question 218

True/False

A 3-for-1 ordinary share split will increase total equity but reduce the par or stated value per share.

Apply job-order costing methods to assign manufacturing costs to jobs.

Analyze and complete job-costing spreadsheets.

Prepare and understand the Schedule of Cost of Goods Sold.

Prepare income statements for manufacturing companies.

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Definitions:

Penny Stock Reform Act

is legislation aimed at increasing transparency and protecting investors in the market for penny stocks, typically low-priced, speculative securities.

Cease-and-desist Orders

Legal orders issued by a court or government agency to stop an entity or individual from continuing a particular action.

Civil Penalties

Fines or financial sanctions imposed by a regulatory agency as punishment for violating rules or regulations.

Misappropriation Theory

A legal theory regarding insider trading that holds individuals liable for trading on confidential information.