The Declaration of a 2-For-1 Stock Split Appears on Which

question 152

Multiple Choice

The declaration of a 2-for-1 stock split appears on which financial statement?

• A) income statement
• B) balance sheet
• C) statement of retained earnings
• D) does not appear on any financial statement

---

Definitions:

Straight-Line Depreciation Rate

A method of calculating depreciation of an asset, distributing its cost evenly across its useful life.

Useful Life

The estimated period over which a fixed asset is expected to be usable by the company, affecting its depreciation calculation.

Depreciation Percentage

The rate at which a company depreciates an asset, expressed as a percentage of its total value.

Double-Declining-Balance

An accelerated method of depreciation which doubles the usual rate of depreciation of assets, allowing for faster write-offs.