Question: Moore, Inc. had 250,000 shares of common stock outstanding before a stock split occurred, and 750,000 shares outstanding after the stock split. The stock
Moore, Inc. had 250,000 shares of common stock outstanding before a stock split occurred, and 750,000 shares outstanding after the stock split. The stock split was a. 2-for-5. b. 5-for-1. c. 1-for-5. d. 3-for-1.
Step by Step Solution
3.52 Rating (155 Votes )
There are 3 Steps involved in it
Before stock split 250000 shares After stock split 750000 ... View full answer
Get step-by-step solutions from verified subject matter experts
