I’m trying to learn for my Accounting class and I’m stuck. Can you help?
You are a financial consultant. Your client owns shares of AFLAC (NYSE: AFL) This corporation just had a 2 for 1 stock split. You are to write a memo to your client explaining to them what the stock split means and how it will affect their portfolio of stocks. You will need to do a little research on the company’s stock price and study the section on stock-splits from the book in Chapter 13. Your memo must be professionally written, using the proper voice for your audience.