Which of the following would cause the decrease of the par value of a company's stock?
A) Cash dividend
B) Stock split
C) Stock dividend
D) Sale of additional stock
Correct Answer:
Verified
Q113: Stars, Inc. has declared a $22,000 cash
Q114: Caesar Corporation has 280,000 shares of $9-par
Q115: A stock dividend will increase total assets.
Q116: Mike's Motors has 220,000 shares of $6-par
Q117: A stock split is recorded as a(n):
A)regular
Q119: A 2-for-1 stock split will:
A)double the number
Q120: A stock dividend may be given to
Q121: Before a 5-for-3 stock split, the shares
Q122: Which of the following is NOT a
Q123: HiTech Industries has 15,000 shares of treasury
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