NO.PZ2024022701000095
问题如下：
A stock dividend:选项：
A.is relevant for valuation of a company. B.involves a reduction in the number of shares outstanding. C.does not affect the shareholders' proportional ownership in the company.解释：
Solution-
Incorrect because stock dividends are not relevant for valuation.
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Incorrect because a stock dividend is a type of dividend in which a company distributes additional shares of its common stock (typically, 2%–10% of the shares then outstanding) to shareholders instead of cash. This results in an increase, not a reduction in the number of shares outstanding.
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Correct because a stock dividend divides the “pie” (the market value of shareholders’ equity) into smaller pieces without affecting the value of the pie or any shareholder’s proportional ownership in the company.
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整块蛋糕大小不变，只是切的分数多了，那还能说shareholder proportional share of company不变？5/100和5/200能一样吗？
