Callisto Began 2000 with 100,000 Shares of $3 Par Common

question 25

Multiple Choice

Callisto began 2000 with 100,000 shares of $3 par common stock.The firm declared a 3-for-1 stock split on March 1,2010.How will the stock split affect Callisto's stockholders' equity?

• A)increase
• B)decrease
• C)no effect
• D)unable to determine from the information given

---

Definitions:

Carrier

A company that provides transportation services for goods, typically via land, sea, or air.

Mode of Transportation

Refers to the various methods or forms used to move people or goods from one place to another, such as by road, rail, air, or sea.

Supply Chain

The entire network of entities, directly or indirectly interlinked and interdependent, involved in serving the same consumer or customer with products or services.

Transportation

The movement of people or goods from one location to another, using various modes such as trucks, trains, ships, or planes.