Multiple Choice
B&O Railroad Inc.transports industrial products and supplies throughout the North Eastern United States.Selected financial information for B&O is provided in the table below.B&O is considering a stock dividend of 10%,whereby each shareholder of record will receive one additional share for each 10 shares that they own.What will shares outstanding be after the dividend?
B&O Railroad Inc.
Selected Financial Information
A) 160.5M
B) 165.0M
C) 165.5M
D) 170.5M
E) 175.0M
Correct Answer:
Verified
Correct Answer:
Verified
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