Examlex
Which of the following statements a) , b) or c) is false?
Retained Earnings
Retained earnings are the portion of a business's profits not distributed as dividends to shareholders but retained by the business for reinvestment.
Par Stock
The nominal or face value assigned to a share of stock, as stated in the corporate charter.
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to increase the number of shares outstanding while maintaining the same total market value.
Market Value
The existing cost for buying or selling an asset or service in the open market.
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