A 3-for-1 common stock split,
A)Will likely not affect the market value of the stock
B)Has no effect on common share account
C)Will cause a change in the allocation of dividends to common stock relative to preferred stock
D)Decreases retained earnings by the par value of shares distributed in the split

Question

Quizplus · Accepted Answer

The Answer of A 3-for-1 common stock split,
A)Will likely not affect the market value of the stock
B)Has no effect on common share account
C)Will cause a change in the allocation of dividends to common stock relative to preferred stock
D)Decreases retained earnings by the par value of shares distributed in the split

A 3-For-1 Common Stock Split