Tangshan Mining Has 100,000 Shares Outstanding and Just Declared a 3-For-2

question 49

Multiple Choice

Tangshan Mining has 100,000 shares outstanding and just declared a 3-for-2 stock split. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock dividend, the firm's shares should trade at ________ per share.

• A) $33.33
• B) $50.00
• C) $75.00
• D) none of the above

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Definitions:

Ecofeminists

Activists and scholars who combine ecological concerns with feminist perspectives, emphasizing the connection between the exploitation of nature and the oppression of women.

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner.

Voluntary Simplicity

A lifestyle choice aimed at reducing one's use of and reliance on consumer products and services, in favour of more sustainable and self-sufficient living.

Environmentally Ethical

Acting with consideration for the environmental impact of one's decisions and actions, aiming to reduce harm to the natural world.