Use the Information for the Question(s)below

question 2

Multiple Choice

Use the information for the question(s) below.
Luther Industries currently has 5 million shares outstanding and its stock is currently trading at $40 per share.
-Assuming Luther issues a 5:2 stock split,then the number of shares Luther will have outstanding following the split is closest to:

• A)25.0 million.
• B)12.5 million.
• C)2.0 million.
• D)16.0 million.

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Definitions:

Neurological Disorders

Medical conditions that involve the nervous system, including the brain, spinal cord, and nerves, often affecting movement, sensory perceptions, and cognitive functions.

Brain-Injuring Events

Traumatic incidents or conditions that cause physical harm to the brain, potentially leading to temporary or permanent impairment of cognitive, physical, or emotional functions.

Brain Lesioning

A technique used in neuroscience where specific brain areas are damaged to study the effects on behavior and mental processes.

Laboratory Animals

Animals that are used in scientific research to study biological processes, assess the effects of treatments, and for other scientific investigations.