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XYZ has 466,815 shares of common stock outstanding, a P/E ratio of 8, and $550,006 in net income. The board of directors has just voted
XYZ has 466,815 shares of common stock outstanding, a P/E ratio of 8, and $550,006 in net income. The board of directors has just voted in favor of a 3-for-2 stock split. You owned 245 shares before the stock split. How many shares will you own after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 433.5000, ENTER IT AS 434.
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