When a Corporation Completes a 3-For-1 Stock Split

question 93

Multiple Choice

When a corporation completes a 3-for-1 stock split

• A) the ownership interest of current stockholders is decreased
• B) the market price per share of the stock is decreased
• C) the par value per share is decreased
• D) the market price per share of the stock and the par value per share is decreased

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Definitions:

Business Venture

is an entrepreneurial enterprise, often new or risky, that is initiated by an individual or partnership to seek profit through unique strategies or markets.

Enterprise Control

A management function focusing on setting and implementing strategies to guide the overall direction and operations of a business.

Intolerance for Ambiguity

A personality trait where an individual has difficulty coping with situations that are uncertain or unclear.

Internal Locus

A psychological concept referring to individuals who believe they have control over their life events and outcomes.