A 2-For-1 Stock Split Is Declared

question 76

Multiple Choice

A 2-for-1 stock split is declared. In this case which of following statements is true?

• A) The cash account declines.
• B) The common stock account rises.
• C) The retained earnings fall.
• D) The par value of the common stock is reduced.

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Definitions:

Efferent Neurons

Neurons that transmit action potentials from the brain or spinal cord to muscles or glands. Compare with afferent neurons.

Sonar

Sonar is a technique that uses sound propagation (usually underwater) to navigate, communicate, or detect other vessels by sending out pulses of sound and listening for echoes.

Echolocation

Determination of the position of objects by detecting echoes of high-pitched sounds emitted by an animal; a type of sensory system used by bats and dolphins.

Thermoreceptors

Sensory cells or nerve endings specialized in detecting variations in temperature, found in the skin and other parts of the body.