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Toronto Skaters Company Currently Has 100,000 Shares Outstanding

Question 14

Multiple Choice

Toronto Skaters Company currently has 100,000 shares outstanding.It has just declared a 5 for 2 stock split.After the split,the number of shares outstanding will be:


A) 40,000
B) 100,000
C) 250,000
D) 500,000

Correct Answer:

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