Brinkley Resources Stock Has Has Increased Significantly Over the Last

question 35

Multiple Choice

Brinkley Resources stock has has increased significantly over the last five years, selling now for $175 per share Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share?

• A) 6.65
• B) 6.98
• C) 7.00
• D) 7.35
• E) 7.72

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Definitions:

Disciplined

Exhibiting self-control and a commitment to following rules or a strict regime, often in the pursuit of a goal or maintaining order.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one's job or role.

Creative

Possessing the ability or skill to create new and original ideas, products, or solutions.

Supportive

Providing assistance, encouragement, or comfort, often during times of need or stress.