Question
During May, 2016, Tang Outdoor Corporation announced a 4-for-1 stock split. This brought the number of shares outstanding from 14,681,000 shares to ___________ shares, and
During May, 2016, Tang 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 $3.60 par value to _____ per share.
A) 3,670,250; $14.40
B) 3,670,250; $ 0.90
C) 58,724,000; $14.40
D) 58,724,000; $ 0.90
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Financial Accounting Group
Authors: Ilse Lubbe, Shelley Herbert, Goolam Modack
1st Edition
0195998634, 9780195998634
