Team Shirts Issued a 2-For-1 Stock Split

question 188

Multiple Choice

Team Shirts issued a 2-for-1 stock split.Before the split,Team Shirts had 100,000,$1 par value common shares outstanding.After the split,the par value of each common share is ________.

• A)$2.00
• B)$1.00
• C)$0.50
• D)unable to be determined since it is determined by the market not the corporation

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Definitions:

Willful Destruction By Fire

An act of intentionally setting fire to property, typically constituting a criminal offense.

Forgery

The act of falsely making or altering a document with the intent to defraud, such as signing another person's name to a check.

Counterfeiting

The creation of imitation products, currency, or documents with the intent to deceive or defraud by passing the fake item off as genuine.

Trademarks

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