Share Splits: Split-Gram Ltd Has Announced a 4-To-1 Share Split

question 60

Multiple Choice

Share splits: Split-Gram Ltd has announced a 4-to-1 share split. If the company currently has 1 million shares outstanding, how many outstanding shares will it have after the split?

• A) 4 million
• B) 250,000
• C) 2 million
• D) 1 million

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Definitions:

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Cultural Factors

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The concept in many religions that refers to the divine purpose or plan for the universe and individual lives.