Taylor's,Inc

question 7

Multiple Choice

Taylor's,Inc.stock has plummeted in value and is currently priced at $4 a share.The exchange on which the stock trades requires that the minimum stock price be $10 a share.Taylor's has decided to do a reverse stock split to avoid delisting.However,when it does this,the firm wants the stock price increased to at least twice the minimum exchange required price.Which one of the following stock split ratios is most appropriate for this situation?

• A)1-for-3
• B)1-for-5
• C)2-for-9
• D)3-for-1
• E)5-for-1

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Definitions:

Residential Schools

Institutions designed to assimilate indigenous children into the dominant culture, often through forced separation from their families and communities.

Aboriginal Peoples

Indigenous inhabitants of a land, the original peoples who have traditional rights and cultural ties to a particular region before colonization or formation of the nation-state.

Hidden Curriculum

The unintentional lessons, values, and perspectives that students learn in school which are not part of the formal curriculum.

Social System

An organized and structured arrangement of social institutions and patterns of institutionalized relationships that collectively form a society.