Circus City has decided on a 4-for-1 stock split. If the firm currently has 800,000 shares outstanding, how many shares will be outstanding after the stock split?
A) 3,600,000 shares
B) 2,700,000 shares
C) 3,200,000 shares
D) 1,300,000 shares
E) 4,200,000 shares
Correct Answer:
Verified
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