ABC Has 45,000 Shares of $10 Par Common Stock Outstanding

question 37

Multiple Choice

ABC has 45,000 shares of $10 par common stock outstanding. They offer a stock split of 4-for-1. The effect of the split will be:

• A)par stays at $10; total shares go to 11,250.
• B)par drops to $5; total shares stay at 45,000.
• C)par drops to $2.50; total shares go to 180,000.
• D)par goes to $40; total shares go to 180,000.

---

Definitions:

Online

Connected to or available through the internet or another computer network.

HR Technology Platform

Digital solutions that automate and facilitate managing human resource functions, including recruitment, payroll, performance management, and employee engagement.

Publicly Traded

Refers to companies whose shares are bought and sold by the public on stock exchanges.

Conversational Commerce

The intersection of messaging apps and shopping; the practice of engaging customers in conversation through chat and voice interfaces to initiate the buying process.