Which of the following is a reason for a company to announce astock split? a) To rewardinvestors
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Question:
Which of the following is a reason for a company to announce astock split?
a) To rewardinvestors
b) To increase total stockholders' equity
c) To decrease the market price at which the stock is trading
d) To provide the shareholders with something of value, when thecompany cannot afford a cash dividend
Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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