Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Reverse stock split
A) May be increased when net income increases.
B) A feature of preferred stock.
C) May be reduced when shares are retired.
D) Designed to increase the market value of stock.
E) Reduces the net proceeds from selling shares.
Correct Answer:
Verified
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-Retained
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