Before a 2-For-1 Stock Split,Lisa's Stock Was Valued at $60

question 115

Multiple Choice

Before a 2-for-1 stock split,Lisa's stock was valued at $60 per share.What is her per share value after the split?

• A)$30
• B)$60
• C)$90
• D)$120
• E)$150

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one fiscal year or the operating cycle of a business, whichever is longer.

Cash at Bank

The amount of liquid assets or cash that a company or individual has deposited in a banking institution.

Net Income

The total earnings of an organization after subtracting all expenses, taxes, and costs from its total revenue.

Net Margin

A financial metric that shows the percentage of revenue remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.