Multiple Choice
JB Appliance,Inc.stock is currently selling for $20 per share.The company completed a 5-for-1 stock split two days earlier.Two years ago,the company had a 2-for-1 stock split.If the stock splits had not happened,the price of JB Appliance,Inc.stock would,other things being equal,be
A) $140.00 per share.
B) $200.00 per share.
C) $100.00 per share.
D) $2.00 per share.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: What is the information effect associated with
Q35: A closely-held company whose owners are trying
Q54: Flotation costs<br>A) include the fees paid to
Q91: In perfect capital markets there<br>A) is no
Q92: A corporation with $1 million in retained
Q98: CDE Corporation declared a $2 per share
Q121: A firm's dividend payout ratio is<br>A) the
Q123: Since stock dividends do not require payment
Q139: Which of the following factors would most
Q142: If a company in a perfect capital