ABC Corporation offered a four-for-one stock split. The number of outstanding shares before the split was 15,000, and the par...
shalee2ABC Corporation offered a four-for-one stock split. The number of outstanding shares before the split was 15,000, and the par value was $20 per share. After the split, what was the par value and number of shares?
A. 3,750 shares at $80 per share
B. 60,000 shares at $80 per share
C. 60,000 shares at $5 per share
D. 3,750 shares at $5 per share
- 9 years ago
- 999999.99
Answer(2)
Purchase the answer to view it
NOT RATED
Purchase the answer to view it
NOT RATED
Bids(0)
other Questions(10)
- (for Expert_Researcher)
- Ethics 5
- HR
- discuss
- Bus 517
- BUS 520 Integrating Culture and Diversity in Decision Making the Ceo and Organizational Culture Profile
- science 1
- Assignment 2: LASA 2: Company Assessment
- Exam: 061683RR - PLANNING, PERFORMANCE
- Scenario: You are a Security professional hired by NextGard Technologies in Phoenix, AZ to provide a Windows security implementation model for...