Question: Weiland, Inc., has 3 5 0 , 0 0 0 shares outstanding that sell for $ 8 5 per share. The company plans a 2

Weiland, Inc., has 350,000 shares outstanding that sell for $85 per share. The company plans a 2-for-1 stock split. How many shares will be outstanding after the split?
Multiple Choice
875,000 shares
175,000 shares
700,000shares
350,000 shares
1,050,000 shares

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