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Welland, Inc. has 450,000 shares outstanding that sell for $95 per share. The company plans a 6-for-5 stock split. How many shares outstanding after the
Welland, Inc. has 450,000 shares outstanding that sell for $95 per share. The company plans a 6-for-5 stock split. How many shares outstanding after the split?
A) 540,000 shares
B) 4,950,000 shares
C) 2,745,000 shares
D) 375,000 shares
E) 90,000 shares
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