Coombs Corp

question 60

Multiple Choice

Coombs Corp.declared a two-for-one stock split.Solly Fogarty owned 500 shares of Coombs that were trading for $20 each before the split.Which of the following is likely to be true after the split?

• A)The number of shares Solly owns will increase by 50%.
• B)The market price per share will drop by 50%.
• C)The total market value of Solly's shares will double.
• D)The market price per share will increase by 100%.

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Definitions:

Six-Sigma

A statistical-based methodology aimed at improving business processes by reducing the probability of defects to as close to zero as possible.

Statistical Measure

A quantitative value derived from a sample or population, representing characteristics such as mean, median, or standard deviation.

Errors

Differences between observed values and the true values in data collection, analysis, or estimation.

Defects

Imperfections or faults in a product or process that deviate from desired specifications or standards.