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The Result of Share Splits and Share Consolidations on Share

Question 19

Multiple Choice

The result of share splits and share consolidations on share capital is:


A) the total amounts of paid-up share capital and uncalled share capital (if any) are unchanged.However the number of shares is changed and the amount (if any) uncalled on each share changes.
B) the ratio of amount paid-up to the amount uncalled on the shares is unchanged but the number of shares changes.
C) the total paid-up share capital increases in the case of a share split and decreases in the case of a share consolidation.
D) the amount paid-up per share and the amount uncalled per share change in proportion, but the equivalent issue price per share does not.

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