Indicate on the Blanks Below the Effect (I = Increase

question 8

Essay

Indicate on the blanks below the effect (I = increase, D = decrease, NE = no effect) of a stock split on each of the items listed.
_____ 1. Assets
_____ 2. Balance of Common Stock account
_____ 3. Total contributed capital
_____ 4. Total retained earnings
_____ 5. Total stockholders' equity
_____ 6. Par value per share
_____ 7. Total number of shares outstanding

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Definitions:

MEO

Medium Earth Orbit, a region of space around the Earth above low Earth orbit and below geostationary orbit, typically used for satellites, including those for navigation systems like GPS.

Microwave

An electromagnetic wave with a wavelength in the range of 1 millimeter to 1 meter; also refers to a kitchen appliance using microwaves to heat or cook food.

Radio

A technology that uses electromagnetic waves to transmit or receive sound and other types of data over long distances without wires.

Satellite

An artificial body placed in orbit around the earth or another planet in order to collect information or for communication.