A Stock Split Results in a Transfer of the Market

question 39

True/False

A stock split results in a transfer of the market value of the stock from Retained Earnings to Contributed Capital.

---

Definitions:

International Gothic

A style of 14th- and 15th-century painting begun by Simone Martini, who fused the French Gothic manner with Sienese art. This style appealed to the aristocracy because of its brilliant color, lavish costumes, intricate ornamentation, and themes involving splendid processions of knights and ladies.

Predella Scene

A lower panel or series of panels at the base of an altarpiece, often illustrating scenes related to the main subject.

Identifiable Light Source

A specific and recognizable origin of light in an artwork, contributing to the work's overall composition and mood.

Neutral Light

Neutral light refers to lighting that has a balanced color temperature, neither too warm nor too cool, providing a clear and consistent lighting condition that does not significantly alter the perception of colors.