When a Corporation Declares a Stock Split, It Usually Does

question 109

Multiple Choice

When a corporation declares a stock split, it usually does so because

• A) the firm's retained earnings are excessive.
• B) there are too many shares of stock outstanding.
• C) investors sometimes require nontaxable returns.
• D) the stock price is too high.

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Definitions:

American Prison System

A network of correctional facilities and institutions within the United States designed for the incarceration and rehabilitation of criminals.

Illicit Drugs

Substances whose production, sale, or use is prohibited by law due to their potential for abuse and harm.

Nonviolent Crimes

Offenses that do not involve force or injury to other people; examples include theft, fraud, illegal drug use, and white-collar crimes.

Ex-convicts

Individuals who have been convicted of a crime and have completed their sentence, often facing challenges in re-integrating into society.