Use the Information for the Question(s)below

question 2

Multiple Choice

Use the information for the question(s) below.
Luther Industries currently has 5 million shares outstanding and its stock is currently trading at $40 per share.
-Assuming Luther issues a 5:2 stock split,then the number of shares Luther will have outstanding following the split is closest to:

• A)25.0 million.
• B)12.5 million.
• C)2.0 million.
• D)16.0 million.

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Definitions:

Computed Tomography (CT) Scan

A medical imaging technique that uses computer-processed combinations of many X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object.

Three Dimensions

Describes an object or environment that has depth, width, and height, providing a more realistic representation.

Provider

In healthcare, an individual or institution that offers medical services to patients.

Anatomy

The study of the physical structure of the body and its organs.