Which of the Following Occurs When the Board of Directors

question 132

Multiple Choice

Which of the following occurs when the board of directors declares a 3-for-1 stock split on 20,000 outstanding shares of $25 par common stock?

• A) The par value of the stock remains the same.
• B) The par value of the stock increases to $50 per share.
• C) The number of outstanding shares remains at 20,000.
• D) The number of outstanding shares increases to 60,000.

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Definitions:

Unions

Organizations formed by workers to protect their rights and interests, often engaging in collective bargaining and labor negotiations with employers.

Social Movements

Collective efforts by groups of people to drive or resist changes in society, often aiming to address issues of social justice or political reform.

Labor Movement

represents the collective organization of working people, aimed at improving wages, hours, and working conditions through unions and political activism.

Environmental Movement

A diverse scientific, social, and political movement for addressing environmental issues and advocating for the protection of the environment.