Quiz Ch 14 – Modern Homes
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition
Which changes occurred as a result of Modern Homes’ 4-for-3 stock split?
Which changes occurred as a result of Modern Homes’ 4-for-3 stock split?
Which noncash payments by a firm decrease the value of each outstanding share?
What event must take place before a firm can declare a liquidating dividend?
Which term describes the range between the lowest and highest prices at which ABC stock traded during the past year?
Which two reasons are the most suitable for implementing a reverse stock split?
Which option decreases the number of shares outstanding without impacting the value of owners’ equity?
What message is typically conveyed by regular increases in normal cash dividends?
What is true regarding stock dividends in the U.S.?
What type of transaction is represented when a company purchases its outstanding shares in the open market, as in the case of Structural Steel purchasing 3,500 shares?
What percentage of capital gains are tax-exempt for corporate shareholders?