True or False, pls explain why 3) A 3 for 1 stock split will result to same number of shares as a 200% stock dividend True False

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 5P: Alert Companys shareholders equity prior to any of the following events is as follows: The company...
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True or False, pls explain why
3) A 3 for 1 stock split will result to same
number of shares as a 200% stock
dividend
True
False
Transcribed Image Text:True or False, pls explain why 3) A 3 for 1 stock split will result to same number of shares as a 200% stock dividend True False
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