Tangshan Mining has 100,000 shares outstanding and just declared a 20% stock dividend. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock dividend, the firm's shares should trade at ________ per share

A) $42.00
B) $41.67
C) $46.33
D) $50.00


B

Business

You might also like to view...

Whalin Seafood Co. made a corporate commitment to sustainability, modifying the ways in which they purchase products. Two years ago, Whalin made a corporate commitment to local sourcing and saw their profits increase. This is an example of 

A. doing well and doing good. B. leading the market. C. corporate signature strengths. D. decision-making discretion. E. shareholder focus on wealth.

Business

Passwords, biometrics, and digital signatures are examples of which of the following?

a. physical controls b. segregation of duties c. authorization controls d. checks on performance

Business

What are market development funds?

What will be an ideal response?

Business

Which of the following nations is not an original member of the European Free Trade Association (EFTA)?

A) Finland B) Sweden C) Norway D) Scotland

Business