Spike Jones owns 112 shares of the Robust Corporation's stock. Robust announces a 3-for-2 stock split. How many shares will Fred have after this split?

Name: Spike Jones owns 112 shares of the Robust Corporation's stock. Robust announces a 3-for-2 stock split. How many shares will Fred have after this split?
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In a 3-for-2 stock split, for every 2 shares owned, the shareholder receives 3 shares. Therefore, Spike Jones will have (112 shares * 3/2) = 168 shares after the split.

Spike Jones Owns 112 Shares of the Robust Corporation's Stock