A Stock Split Will

question 116

Multiple Choice

A stock split will

• A)have no effect on retained earnings.
• B)increase total paid-in capital.
• C)increase the total par value of the stock.
• D)have no effect on the par value per share of stock.

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Definitions:

Market Share

The percentage of an industry's sales that a particular company controls.

Substitutable Products

Goods or services that can serve as replacements for each other; demand for one increases when the price of the other increases.

Sold

The past tense of sell, indicating that an item or service has been exchanged for money or its equivalent.

Price Fixing

An unlawful agreement between competitors to establish, raise, or maintain prices at a certain level, often aimed at maximizing profits by eliminating competition.