Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AIMO Corporation has 600,000 share stock outstanding. Recently, AIMO declared 2 for 1 stock split and the ernings per share (EPS) after stock split is

AIMO Corporation has 600,000 share stock outstanding. Recently, AIMO declared 2 for 1 stock split and the ernings per share (EPS) after stock split is RM3. If you owned 2,000 shares of the stock before stock split, what is the effect of the stock split to your total earning after the dividend payment. Select one: A. RM4,000 B. RM12,000 C. RM6,000 D. RM16,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Day Trading Strategies And Risk Management

Authors: Richard N. Williams

1st Edition

979-8863610528

More Books

Students also viewed these Finance questions