Stock splits are issued primarily to:
A. Increase the number of outstanding shares.
B. Increase the number of authorized shares.
C. Increase legal capital.
D. Induce a decline in market value per share.
Answer: D
Stock splits are issued primarily to:
A. Increase the number of outstanding shares.
B. Increase the number of authorized shares.
C. Increase legal capital.
D. Induce a decline in market value per share.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.