Question: Minneapola, Inc. declared a 3 - for - 1 forward stock sple during the year when there were 4 8 , 0 0 0 shares

Minneapola, Inc. declared a 3-for-1 forward stock sple during the year when there were 48,000 shares of 80.90 por value of common stock outstanding and the stock price was 524 per share.
What amount of stock was outstanding immediately after the sple?
Select one:
a.144.000 shares of $0.90 par value commen stock
b.16,000 shares of 2.70 par wallae common modk
c.144,000 shares of 10.30 par walae cemmon steck
d.48.000 shares of 50.30 par value common stock
Minneapola, Inc. declared a 3 - for - 1 forward

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