Use the Information for the Question(s)below

question 69

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 25% stock dividend,then Luther's new share price is closest to:

• A)$24.00.
• B)$30.00.
• C)$16.00.
• D)$32.00.

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Definitions:

Skin Cells

Skin cells are the various types of cells that make up the epidermis and dermis layers of the skin, playing roles in protection, sensation, and thermoregulation.

Wound Healing

The complex process by which the skin repairs itself after injury, involving several stages including inflammation, tissue formation, and remodeling.

Scar Tissue

Fibrous tissue that replaces normal skin after an injury or surgery, often resulting in a mark on the skin.

Surgical Wound

A cut or incision in the skin made by a scalpel or other sharp instrument during surgery.