Examlex
Westminster Company has the following information concerning its direct materials:
Stock Split
The division of a company's existing stock into multiple shares to boost the liquidity of the shares, though the market capitalization remains unchanged.
Marketability
The ease with which an asset can be bought or sold in the market without affecting its price.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, thereby having an ownership interest in the company.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.
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