When a Company Declares a 3-For-1 Stock Split,the Number of Outstanding

question 39

Multiple Choice

When a company declares a 3-for-1 stock split,the number of outstanding shares

• A)is tripled compared to the number of shares that were outstanding prior to the split.
• B)stays the same,but,the number of issued shares triples.
• C)is tripled,while the number of issued shares is reduced to one-third of the original issued shares.
• D)is reduced,and the number of issued shares is tripled.

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Definitions:

Conditions

Refers to various states of health or disease, or the environmental or situational factors affecting an organism.

Outcomes

The results or effects of an action, situation, or event.

Salivary Glands

Glands located in and around the mouth and throat that produce saliva, which begins the process of digestion and helps maintain oral health.

Taste Buds

Sensory organs located on the tongue that enable the perception of taste, including sweetness, sourness, bitterness, saltiness, and umami.