Which of the Following Occurs When the Board of Directors

question 95

Multiple Choice

Which of the following occurs when the board of directors declares a 2-for-1 stock split on 20,000 outstanding shares of $15 par common stock?

• A) The par value of the stock remains the same.
• B) The par value of the stock increases to $30 per share.
• C) Outstanding shares decrease to 10,000.
• D) Outstanding shares increase to 40,000.

Understand different retail formats and categorization.

Recognize the strategic roles and responsibilities within retail management.

Identify trends affecting modern retailing.

Comprehend the assortment and merchandising strategies in retail.

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Definitions:

Embryo

An early stage of development in multicellular organisms after fertilization and before becoming a fetus, characterized by rapid cell division and differentiation.

Gamete

Mature, haploid reproductive cell; e.g., a sperm.

Ovary

In flowering plants, the enlarged base of a carpel, inside which one or more ovules form and eggs are fertilized. In animals, the egg-producing gonad.