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kaykay41 kaykay41
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4 months ago
Which of the following is NOT a correct statement regarding a stock split?

▸ There is no effect on retained earnings account.

▸ There will be no change in the number of shares outstanding.

▸ The average share price will be reduced to reflect the split.

▸ Investors face no tax implications.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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dongdong
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4 months ago
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