A Two-For-One Stock Split Doubles the Number of Shares and Their

question 90

True/False

A two-for-one stock split doubles the number of shares and their price.

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Definitions:

Future Cash Flows

are the estimated amounts of money expected to be received or paid out by a business over future periods as a result of its operational activities.

AASB 136

The Australian Accounting Standards Board standard concerning the impairment of assets, requiring entities to ensure that asset carrying values are not more than their recoverable amounts.

Value In Use

The current worth of the anticipated future cash flows from an asset or a unit that generates cash.

Future Cash Flows

Estimated monetary gains or losses that will be realized by an entity in the future.