The Green Florist Has 28,000 Shares of Stock Outstanding with a Par

question 30

Multiple Choice

The Green Florist has 28,000 shares of stock outstanding with a par value of $1 per share and a market value of $7 a share.The company just announced a 2-for-5 reverse stock split.Currently,you own 300 shares of this stock.How many shares will you own after the reverse stock split?

• A)60 shares
• B)120 shares
• C)480 shares
• D)600 shares
• E)750 shares

Understand the differences and similarities between various funding sources for nonprofits, such as donations, earned income, and philanthropic gifts.

Recognize the strategic importance of earned income for nonprofits and its potential impact on their mission and operations.

Identify the types of nonprofit-corporate relationships and their implications for nonprofit management and strategy.

Understand the ethical and operational challenges associated with earned-income strategies and partnerships with for-profit entities.