Ricardo Owns 100 Shares of Stock in the ABC Corporation

question 225

True/False

Ricardo owns 100 shares of stock in the ABC Corporation that currently sell for $100 per share. ABC just announced a two-for-one stock split for all current stockholders. Ricardo now owns $20,000 worth of stock in the ABC Corporation.

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Definitions:

For Loop

A control flow statement in programming that repeatedly executes a block of code a set number of times or while a certain condition is true.

Integer Array

A data structure that stores a fixed number of integer values in a single variable, allowing for efficient storage and manipulation of integer sequences.

Formal Parameter

The variables declared by a method that serve as placeholders for the values passed into the method when it is called.

Enumerated Type

A data type consisting of a set of named values, used in programming to enhance code readability and manageability.