Verify that Jon's method works to determine the post-split price and shares outstanding for Hansen Natural Corporation

Question:

Verify that Jon's method works to determine the post-split price and shares outstanding for Hansen Natural Corporation which executed a 4-for-1 split on July 10 with 22,676,800 outstanding shares and a market price of $203.80 per share before the split.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: