Hubert Company Declared a 2-For-1 Stock Split on Its 200,000

question 152

Multiple Choice

Hubert Company declared a 2-for-1 stock split on its 200,000 shares of $10 par value common stock. As a result of this transaction:

• A)the number of shares increases to 400,000 and the par value remains at $10 per share.
• B)the number of shares increases to 400,000 and the par value is reduced to $5 per share.
• C)the number of shares is reduced to 200,000 and the par value increases to $20 per share.
• D)none of these answers is correct.

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Definitions:

Artemesia Gentileschi

A prominent female painter of the Baroque period, known for her powerful depictions of biblical and mythological female figures.

Cesare Ripa

An Italian iconographer known for his influential book "Iconologia," which provided a comprehensive collection of emblematic figures and allegories.

Martyrdom of Saint Serapion

A Baroque painting by Francisco de Zurbarán, depicting the martyrdom of Saint Serapion, a member of the Mercedarian order, known for its stark realism and emotional depth.

Naturalism

An artistic or philosophical perspective that aims to represent subjects accurately and realistically based on observable phenomena.