Which of the Following Statements Is Correct About Investors in Ajax

question 129

Multiple Choice

Which of the following statements is correct about investors in Ajax Industries, which has just announced a three-for-one stock split?

• A)Investors will triple their wealth after the split
• B)Investors' wealth will fall by two-thirds after the split
• C)%age of ownership increases for the investors
• D)Earnings per share will fall by two-thirds after the split

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