Ricardo Owns 100 Shares of Stock in the ABC Corporation

question 225

True/False

Ricardo owns 100 shares of stock in the ABC Corporation that currently sell for $100 per share. ABC just announced a two-for-one stock split for all current stockholders. Ricardo now owns $20,000 worth of stock in the ABC Corporation.

---

Definitions:

Due Diligence Reports

Due diligence reports are comprehensive documents prepared by a party, typically in the context of business transactions, to assess the risks, strengths, and weaknesses of a potential investment or deal.

Due Diligence

A comprehensive appraisal of a business or individual prior to signing a contract, especially in terms of verifying financial records and capabilities.

Interactive

Capable of operating in a way that involves active participation or interaction from the user.

Web Reading

The act of consuming text-based content on the internet, which can include scanning, skimming, or deep reading.