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ACME IncHas Decided on a 4-For-1 REVERSE Stock Split

question 49

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ACME Inc.has decided on a 4-for-1 REVERSE stock split.If the firm currently has 800,000 shares outstanding,how many shares will be outstanding after the stock split?


Definitions:

Silencer

A regulatory DNA sequence that can bind repressor proteins to inhibit the expression of a gene.

Insulator

A material that resists the flow of electric charge, used in various applications to protect against electric shock or retain heat.

Transcription Factor

Regulatory protein that influences transcription by binding directly to DNA; e.g., an activator or repressor.

Enhancer

DNA sequences that increase the transcription level of a gene they are associated with, enhancing gene expression.

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