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The Stockholders' Equity Section of the Balance Sheet of the XYZ

Question 81

Multiple Choice

The stockholders' equity section of the balance sheet of the XYZ Corp. is as follows: The stockholders' equity section of the balance sheet of the XYZ Corp. is as follows: If the company now splits its stock 3-for-1, which of the following is correct? A) The par value per share will remain at $6. B) The market price per share will probably remain unchanged. C) The book value per share will decline to $17.60. D) The par value per share will decline to $2.00. If the company now splits its stock 3-for-1, which of the following is correct?


A) The par value per share will remain at $6.
B) The market price per share will probably remain unchanged.
C) The book value per share will decline to $17.60.
D) The par value per share will decline to $2.00.

Correct Answer:

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