If a Corporation Declares a 2-For-1 Stock Split, Which of the Following

question 208

Multiple Choice

If a corporation declares a 2-for-1 stock split, which of the following is true?

• A)A new class of stock must be authorized with twice the number of issued shares.
• B)The number of outstanding shares is half the number that were previously outstanding before the split.
• C)The number of outstanding shares is twice the number that were previously outstanding before the split.
• D)The number of outstanding shares is doubled, while the number of issued shares is reduced to half of the amount before the split.

---

Definitions:

Expiration Date

The date until which a product, such as food, medicine, or chemical, is deemed safe to use or consume.

Intramuscular Injections

A method of delivering medication deep into the muscles, allowing for faster absorption than subcutaneous injections.

Needles

Sharp, pointed instruments attached to syringes for the purpose of piercing the skin to inject substances into the body or extract fluids.

Recapped

The act of covering a needle with a cap or putting a cap back on a container to prevent contamination or exposure.