Which of the Following Statements Is CORRECT

question 52

Multiple Choice

Which of the following statements is CORRECT?

• A) When firms are deciding on the size of stock splits--say whether to declare a 2-for-1 split or a 3-for-1 split,it is best to declare the smaller one,in this case the 2-for-1 split,because then the after-split price will be higher than if the 3-for-1 split had been used.
• B) Back before the SEC was created in the 1930s,companies would declare reverse splits in order to boost their stock prices.However,this was determined to be a deceptive practice,and reverse splits are illegal today.
• C) Stock splits create more administrative problems for investors than stock dividends,especially determining the tax basis of their shares when they decide to sell them,so today stock dividends are used far more often than stock splits.
• D) When a company declares a stock split,the price of the stock typically declines--for example,by about 50% after a 2-for-1 split--and this necessarily reduces the total market value of the firm's equity.
• E) If a firm's stock price is quite high relative to most stocks--say $500 per share--then it can declare a stock split of say 20-for-1 so as to bring the price down to something close to $25.Moreover,if the price is relatively low--say $2 per share--then it can declare a "reverse split" of say 1-for-10 so as to bring the price up to somewhere around $20 per share.

Understand how cultural and social factors influence the manifestation and treatment of mental disorders.

Recognize the genetic and biological aspects of mood disorders.

Understand the difference between positive and negative symptoms in schizophrenia.

Identify various subtypes of schizophrenia and their characteristics.

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Definitions:

Applicant Tracking System

Software used by organizations to manage job applications and candidates, streamlining the hiring process.

"Hits"

In digital terminology, instances of users accessing a web page or server; colloquially can refer to popular songs or successful items.

Adapting

The process of making adjustments or changes to suit a new environment, situation, or set of conditions.

Résumé

A document summarizing an individual's career history, qualifications, and achievements, typically used when applying for jobs.