A corporation has 50,000 shares of $100 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be:
A) 200,000 shares.
B) 50,000 shares.
C) 250,000 shares.
D) 12,500 shares.
Correct Answer:
Verified
Q81: If $4,000,000 of 12% bonds are issued
Q100: If $1,000,000 of 8% bonds are issued
Q104: A corporation has 50,000 shares of $100
Q105: A company sold 200 shares of common
Q106: The major subdivisions of the Stockholders' Equity
Q107: The excess of issue price over par
Q108: How is treasury stock shown on the
Q109: A company sold 200 shares of common
Q117: What is the effect of a stock
Q120: Which of the following is a reason
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents