Pero Corp declared a two for one stock split Rory Johnson owned 500 shares of Pero that were trading for $20 each before the split Which of the following is likely to be true after the split Options None of the presented choices The number of shares Solly owns will increase by 100 Coombs' shareholder's equity will increase by 100 The number of common shares issued by Coombs will drop by 50 Coombs' retained earnings will drop by 50

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Question: Pero Corp. declared a two-for-one stock split. Rory Johnson owned 500 shares of Pero that were trading for $20 each before the split. Which of

Pero Corp. declared a two-for-one stock split. Rory Johnson owned 500 shares of Pero that were trading for $20 each before the split. Which of the following is likely to be true after the split?

Options:

	None of the presented choices.
	The number of shares Solly owns will increase by 100%.
	Coombs' shareholder's equity will increase by 100%.
	The number of common shares issued by Coombs will drop by 50%.
	Coombs' retained earnings will drop by 50%.

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