Which of the following statements is FALSE?
A) Stocks generally trade in lots of 1000 shares,and in any case do not trade in units less than one share.
B) Non-cash special dividends are commonly used to spin off assets or a subsidiary as a separate company.
C) The typical motivation for a stock split is to keep the share price in a range thought to be attractive to small investors.
D) If a company declares a 10% stock dividend,each shareholder will receive one new share of stock for every 10 shares already owned.
Correct Answer:
Verified
Q86: Which of the following statements is FALSE?
A)With
Q87: Taggart Transcontinental shares are currently trading at
Q88: Use the information for the question(s)below.
Luther Industries
Q89: Use the information for the question(s)below.
Rockwood Industries
Q90: Which of the following statements is FALSE?
A)Firms
Q91: Use the information for the question(s)below.
Luther Industries
Q92: Use the information for the question(s)below.
Consider the
Q93: Use the information for the question(s)below.
Rockwood Industries
Q94: Use the information for the question(s)below.
Rockwood Industries
Q96: Which of the following statements is FALSE?
A)Managers
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