A 10% Stock Dividend Will Increase the Number of Shares

question 54

True/False

A 10% stock dividend will increase the number of shares outstanding, but the book value per share will decrease.

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Definitions:

Morally Right

Actions or behaviors that are consistent with ethical principles and are considered justifiable and good.

Final Goal

The ultimate objective or ambition that an individual, group, or organization is striving to achieve.

Virtuous Activity

Activities that are conducted in accordance with moral and ethical virtues, promoting character and moral goodness.

Excellence

The quality of being outstanding or extremely good in some respect, often achieved through hard work and dedication.