Question: Hayder Surf Co. has decided on a 4-for-1 stock split. If the firm currently has 7,000,000 shares outstanding, how many shares will be outstanding after

Hayder Surf Co. has decided on a 4-for-1 stock split. If the firm currently has 7,000,000 shares outstanding, how many shares will be outstanding after the stock split?

A) 7,000,000 shares

B) 28,000,000 shares

C) 7,400,000 shares

D) 1,750,000 shares

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