Oak Tree Farms Has Common Stock Outstanding at a Price

question 94

Multiple Choice

Oak Tree Farms has common stock outstanding at a price of $13 a share.The total market value of the equity is $435,000.How many shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5?

• A)9,602 shares
• B)36,000 shares
• C)13,385 shares
• D)37,500 shares
• E)83,654 shares

---

Definitions:

Neurons

Neurons are the basic working units of the brain and nervous system, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells through electrical and chemical signals.

Skeletal Muscles

Muscles that are attached to bones and are responsible for voluntary movements of the body.

Inhibitory Neurotransmitter

A type of chemical messenger that decreases the likelihood of a neuron firing and thus inhibits neural activity.

Serotonin

A neurotransmitter involved in various functions including mood regulation, sleep, and appetite, often referred to as a "feel good" chemical in the brain.