A corporation declares a 2 for 1 stock split. Prior to the stock split the corporation has 100,000 sha of common stock outstanding. After the stock split the corporation will have 200,000 shares of common stock outstanding. An investor owns 50 shares of the common stock prior to the stock sp How many shares will this investor own after the stock split? O 100 O 50 O 25 O1 billion
A corporation declares a 2 for 1 stock split. Prior to the stock split the corporation has 100,000 sha of common stock outstanding. After the stock split the corporation will have 200,000 shares of common stock outstanding. An investor owns 50 shares of the common stock prior to the stock sp How many shares will this investor own after the stock split? O 100 O 50 O 25 O1 billion
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A corporation declares a 2 for 1 stock split. Prior to the stock split the corporation has 100,000 shares
of common stock outstanding. After the stock split the corporation will have 200,000 shares of
common stock outstanding. An investor owns 50 shares of the common stock prior to the stock split.
How many shares will this investor own after the stock split?
O 100
O 50
O 25
1 billion
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