Asked by Krystina Edwards on Jun 04, 2024
Verified
A stock split can be done in any ratio.
Stock Split
A corporate action to increase the number of outstanding shares by dividing each share, which typically reduces the share price.
Ratio
A numerical comparison between two or more amounts that indicates their relative sizes, often used in finance to assess financial health.
- Understand the methods and impacts of distributing stock dividends and executing stock splits on an organization's financial standing.
Verified Answer
MP
Megha PatelJun 10, 2024
Final Answer :
True
Explanation :
A stock split can be done in any ratio, for example, 2-for-1, 3-for-1, 5-for-1, etc.
Learning Objectives
- Understand the methods and impacts of distributing stock dividends and executing stock splits on an organization's financial standing.