Question: which is a true statement about stock? A. a reverse stock split reduces the par value per share and is always disproportionate. B. the purchase

which is a true statement about stock? A. a reverse stock split reduces the par value per share and is always disproportionate. B. the purchase price of the stock must be greater than or equal to 95% of the stocks market price in a noncompensatory stock option. c. treasury stock is stated at a given percentage of the value of the preferred stock and has a normal credit balance. d. a journal entry is required in a proportionate stock split as well as a memo entry

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