A Subsidiary Split Its Stock 2 for 1

question 19

Multiple Choice

A subsidiary split its stock 2 for 1.Which of the following statements is false?

• A)A stock split does not affect the amount of net assets of the subsidiary.
• B)A stock split does not affect parent and noncontrolling interest ownership percentages.
• C)A stock split does not affect consolidation procedures.
• D)A 2 for 1 stock split decreases the number of shares outstanding.

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Definitions:

Dartos Muscle

Layer of smooth muscle in the skin of the scrotum; contracts in response to lower temperature and relaxes in response to higher temperature; raises and lowers testes in the scrotum.

Epididymis

A coiled tube where sperm are stored and mature, located at the back of the testis.

Acrosome

Cap on the head of the spermatozoon, with hydrolytic enzymes that help the spermatozoon penetrate the ovum.

Androgen-Binding Protein

A protein that binds androgens (male sex hormones) and is involved in their transport and function within the body.