Team Shirts Issued a 2-For-1 Stock Split

question 215

Multiple Choice

Team Shirts issued a 2-for-1 stock split.Just before the split,Team Shirts had 100,000,$1 par value common shares outstanding.After the split,Team Shirts had ________ outstanding.

• A)50,000 common shares
• B)100,000 common shares
• C)200,000 common shares
• D)100,000 shares of preferred stock and 100,000 shares of common stock

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Definitions:

African Americans

A racial or ethnic group in the United States with origins in any of the Black racial groups of Africa, especially those who are descendants of enslaved Africans brought to the U.S.

Frequent Churchgoers

Individuals who attend church services regularly, typically more than once a week.

Parents

Parents are caregivers of offspring in their own species; in humans, they are the mother and father or legal guardians responsible for raising children.

Church Infrequently

The sporadic or occasional attendance at church services, as opposed to regular participation.