Most Stock Splits

question 44

Multiple Choice

Most stock splits

• A) increase the number of shares outstanding.
• B) increase the value of the company.
• C) tend to raise the price of the stock.
• D) all of the above.

---

Definitions:

Account

Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.

Asset

Resources owned by a company from which future economic benefits are expected to flow to the entity.

Recorded

The process of documenting financial transactions in accounting records.

Debit

A financial transaction that causes a rise in the assets or a fall in the liabilities of a corporation's balance sheet.