A Stock Split Results in a Transfer at Market Value

question 38

True/False

A stock split results in a transfer at market value from retained earnings to paid-in capital.

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Definitions:

Multilingual

The ability to speak, understand, and often read and write in more than two languages.

Percent

A mathematical term describing a part or fraction of a hundred, often used to express proportions or comparisons.

One Language

"One Language" typically refers to situations or policies where only a single language is promoted or used for communication in a community or country.

People

Human beings collectively or considered as members of a community, society, or culture.