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.

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Definitions:

Alcohol Use Disorders

A medical condition characterized by an impaired ability to stop or control alcohol use despite adverse social, occupational, or health consequences.

Delirium Tremens

A severe form of alcohol withdrawal characterized by sudden and severe mental or nervous system changes.

Auditory Hallucinations

The experience of hearing sounds or voices that do not exist outside the mind, often associated with mental health disorders like schizophrenia.

Convulsive Seizures

A type of seizure involving sudden, rapid muscle contractions and sometimes loss of consciousness.