Modern Homes Just Declared a 4-For-3 Stock Split

question 30

Multiple Choice

Modern Homes just declared a 4-for-3 stock split.Which of the following occurred as a result of this split?
I.Number of shares outstanding increased by one-third
II.Number of shares outstanding decreased by one-fourth
III.Price per share increased by one-third
IV.Price per share decreased by one-fourth

• A)I only
• B)I and III only
• C)I and IV only
• D)II and III only
• E)II and IV only

Understand the concept of the misery index and how it is calculated.

Calculate the real rate of interest based on nominal interest rates and inflation.

Determine the size of the labor force from given data.

Identify phases within the business cycle.

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Definitions:

Cost Of Goods Manufactured

The total expense incurred to produce goods within a specified period, including materials, labor, and overhead.