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(W8C19.20) (T/F) A stock can split and add additional shares as specified per existing share OR...

(W8C19.20) (T/F) A stock can split and add additional shares as specified per existing share OR a stock can reverse split and decrease the number of outstanding shares by the predetermined ratio. Select one: True False

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A stock can split and add additional shares as specified per existing share OR a stock cant reverse split and decrease the number of outstanding shares by the predetermined ratio.

- True

Stock split happens in ratio specified for split. It increase the number of shares and reduce the share price as per specification.

Stock reverse split is merger of stocks and as shares are merged number of outstanding shares decreases.

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