Question: When a company enacts a 3 - for - 1 stock split, which of the following is false? The number of outstanding shares triples. All
When a company enacts a for stock split, which of the following is false?
The number of outstanding shares triples.
All of the stoch holders' equity account balances will remain unchanged.
The market value of each new share will be lower than the market value of each old share.
The number of shares outstanding will remain unchanged.
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