Tangshan Mining has 100,000 shares outstanding and just declared a 20% stock dividend. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock dividend, the firm's shares should trade at ________ per share

A) $42.00
B) $41.67
C) $46.33
D) $50.00

B

Business

You might also like to view...

The larger the sample, the greater the gain in precision by increasing the sample size by one unit

Indicate whether the statement is true or false

Business

Which of the following is the main goal for XFormation salespeople in terms of product strategy?

A) Create products that customers really want to buy instead of products that the company wants to sell. B) Understand all the training products they sell and how to customize a package for the customer. C) Examine how they can add value for customers so the customers will continue to contract with XFormation on a long-term basis. D) Give a presentation to the customer after planning out the objectives carefully ahead of time. E) Understand the customer's needs and what and how they need to buy.

Business