During May 2019, Brian Outdoor Corporation announced a 4-for-1 stock split. This brought the number of shares outstanding from 14,681,000 shares to ___________ shares, and its $5.40 par value to _____ per share.
A) 3,670,250; $21.60
B) 3,670,250; $ 1.35
C) 58,724,000; $21.60
D) 58,724,000; $ 1.35
Correct Answer:
Verified
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