When a company declares a 3-for-1 stock split, the number of outstanding shares

a. is tripled compared to the number of shares that were outstanding prior to the split.
b. stays the same, but, the number of issued shares triples.
c. is tripled, while the number of issued shares is reduced to one-third of the original issued shares.
d. is reduced, and the number of issued shares is tripled.


a

Business

You might also like to view...

Discuss the relationship between the price and quality of a product and how price affects a purchase decision.

What will be an ideal response?

Business

What would a utilitarian consider to be the ultimate goal of an ethical decision?

a. benefiting their in-group b. creating the most good in the world c. bringing about equality of income d. doing no harm to any party or individual

Business

Governments with high debt may impose __________ controls, which limit consumer purchasing power.

Fill in the blank(s) with the appropriate word(s).

Business

The weight of football players is normally distributed with a mean of 200 pounds and a standard deviation of 25 pounds. The probability of a player weighing less than 240 pounds is

A. 0.0548. B. 0.9452. C. 0.9956. D. 0.0044.

Business