Tangshan Mining Has 100,000 Shares Outstanding and Just Declared a 20

question 6

Multiple Choice

Tangshan Mining has 100,000 shares outstanding and just declared a 20% stock dividend. 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) $40.00
• B) $41.66
• C) $46.33
• D) remain unchanged

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Definitions:

Entrance Effects

Animations in presentation software that control how an object enters onto a slide during a slideshow presentation.

Slide Elements

Individual components such as text, images, charts, and shapes that make up a slide in a presentation.

Send Backward

A command used in graphic software to move a selected object behind another object.

Stacking Order

The sequence or arrangement of objects on a digital canvas, determining which objects are in front of or behind others.