Engines, Inc. declares a 4-for-10 stock split. The stock currently sells for $3 a share. A shareholder who owned 1000 shares of stock prior to the split will now own

A) 400 shares valued at about $7.50 a share.
B) 40 shares valued at about $1.20 a share.
C) 250 shares valued at about $7.50 a share.
D) 250 shares valued at about $1.20 a share.


Answer: A

Business

You might also like to view...

According to the text, surveys are the primary means of obtaining information about consumers' motives, attitudes, and preferences

Indicate whether the statement is true or false

Business

What is the term for when fraudsters contact potential identity theft victims and act as a representative of a business to verify previously gathered information?

a. trashing b. pretexting c. mail stuffing d. skimming

Business

A(n) ________ consists of people and procedures dedicated to assessing information needs, developing the needed information, and helping decision makers use the information to generate and validate actionable customer and market insights

A) enterprise planning system B) enterprise information system C) marketing information system D) corporate performance management E) geographic information system

Business

Differences between individuals at work on any attribute that may evoke the perception that the other person is different from the self is known as ______.

A. emotions B. race C. sexual orientation D. diversity

Business