A Corporation Has 10,000 Shares of $100 Par Stock Outstanding

question 172

True/False

A corporation has 10,000 shares of $100 par stock outstanding. If the corporation issues a 5-for-1 stock split, the number of shares outstanding after the split will be 40,000.

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Definitions:

Positive Attribute

A desirable or beneficial characteristic or quality that a person or thing possesses.

Positive Traits

Characteristics of an individual that are viewed favorably and contribute to their overall effectiveness or well-being.

Racial Groups

Categories of humans based on shared physical or social qualities into groups generally viewed as distinct within a given society.

Tanned Skin

Skin darkening as a result of exposure to UV radiation, often considered a sign of health or attractiveness in some cultures.