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Author Question: When a corporation declares a stock split, it usually does so because (Read 62 times)

am7272

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Question 1

When a company offers the investing public a certain number of shares of its stock at a certain price, the company is making what is known as a
◦ public offering.
◦ rights offering.
◦ stock spin-off.
◦ treasury offering.

Question 2

When a corporation declares a stock split, it usually does so because
◦ the firm's retained earnings are excessive.
◦ there are too many shares of stock outstanding.
◦ investors sometimes require nontaxable returns.
◦ it wants to make its stock more affordable to average investors.


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Marked as best answer by am7272 on Mar 29, 2022

Htimsrs

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am7272

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Liamb2179

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Reply 3 on: Yesterday
:D TYSM

 

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