Examlex
Kyle promised to mow Heidi's lawn for $20 and clean her gutters for $50,but only mowed the lawn.Which of the following is true of Kyle?
Stock Split
A corporation's decision to divide its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains the same.
Market Price
The prevailing cost at which a service or asset is offered for sale or purchase in the open market.
Stock Split
involves dividing a company's existing stock into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.
Retained Earnings
The portion of a company’s profits that is kept or retained for reinvestment in the business, rather than being paid out as dividends to shareholders.
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