Multiple Choice
A company whose share is selling for $24 announces a stock split of four-for-three.Which of the following statements is correct?
A) There will be four times as many shares on issue and they will sell for $96.
B) There will be three times as many shares on issue, and they will sell for $8.
C) There will be one-third more shares on issue and they will sell for $18.
D) There will be three-quarters more shares on issue and they will sell for $32.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: Which of the following groups of financial
Q19: The financial ratio that measures operating profit
Q20: Stockbrokers act as _ for an exchange.<br>A)
Q21: Compared with fixed interest securities,shares offer:<br>A) capital
Q22: The _ is an indicator of investors'
Q24: According to the text,a tradable benchmark:<br>A) is
Q25: Which financial ratio provides information essential for
Q26: Increased competition,increased costs of labour,lawsuits,and unfavourable exchange
Q27: Which of the following are current liabilities
Q28: The risk that affects the whole market