Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend...
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Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the following stock splits would have had the same effect as the fifty percent stock dividend on the number of Doug & Beatie's Inc. shares outstanding? Multiple Choice 4 for 3 2 for 1 5 for 4 None of the other alternatives are correct 3 for 2 Doug & Beatie's Inc., a large, private company, declared and distributed a 33% percent stock dividend to its shareholders. If Doug & Beatie's Inc. had instead done a stock split, which of the following stock splits would have had the same effect as the fifty percent stock dividend on the number of Doug & Beatie's Inc. shares outstanding? Multiple Choice 4 for 3 2 for 1 5 for 4 None of the other alternatives are correct 3 for 2
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Answer rating: 100% (QA)
Correct answer is last option 3 for 2 After 3 for 2 stock splits every holder ... View the full answer
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
Posted Date:
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