Which of the following statements concerning a two-for-one stock split is true?

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Required: Give journal entries and prepare balance sheet.?
Posted by:
Waheed Nasir
16-August-2016

a. The number of shares outstanding will decrease.

b. The market price of the stock would be expected to increase.

c. The company’s equity will increase.

d. No journal entry would be necessary.

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Question ajoutée par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date de publication: 2015/06/08

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par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Option a is the right answer.

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par Shazia Anees , Assistant Manager Finance , Arham Trading Company

Option a. ====================

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par Zehab Osman , Accountant , Aldar Consultancy Co.

a. The number of shares outstanding will decrease.

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