The board of directors for Ballard Energy Systems declared a two for one stock split.If Sally owned 400 shares before the split,how many shares does she own after the split?

Question

Quizplus · Accepted Answer

A two for one stock split means that for every one share owned, the shareholder will receive two new shares. Therefore, Sally would now own 800 shares (400 x 2 = 800) after the split.

The Board of Directors for Ballard Energy Systems Declared a Two