Multiple Choice
Before a three-for-one stock split,the shares outstanding were 4,000 shares at $9 par.After the split,what was the par value per share and number of shares?
A) 12,000 shares at $9 per share
B) 12,000 shares at $3 per share
C) 12,000 shares at $6 per share
D) 4,000 shares at $27 per share
Correct Answer:

Verified
Correct Answer:
Verified
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