Menomonie Publishing stock currently sells for $40 per share. The company has 1,200,000 shares outstanding. What would

Question:

Menomonie Publishing stock currently sells for $40 per share. The company has 1,200,000 shares outstanding. What would be the effect on the number of shares outstanding and on the stock price of the following:
a. 15% stock 4-for-3 stock split
c. Reverse 3-for-l stock split
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...