Which of the Following Occurs When the Board of Directors

question 55

Multiple Choice

Which of the following occurs when the board of directors declares a 2- for- 1 share split on 20 000 issued shares of $15 ordinary shares?

• A)The market value of the share remains the same.
• B)Issued shares decrease to 10 000.
• C)The market value of the share increases to $30 per share.
• D)Issued shares increase to 40 000.

---

Definitions:

Mesoderm

Middle primary tissue layer of an animal embryo that gives rise to muscle, several internal organs, and connective tissue layers.

Cardiovascular

Relating to the circulatory system, which comprises the heart and blood vessels and is responsible for transporting nutrients, oxygen, and waste products throughout the body.

Urinary Systems

A group of organs in the body responsible for the production, storage, and elimination of urine, playing a critical role in the regulation of electrolytes and maintenance of blood pressure.

Blastula

Hollow, fluid-filled ball of cells occurring during animal development prior to gastrula formation.