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Split-Gram, Inc

question 55

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Split-Gram, Inc. has announced a 4-to-1 stock split. If the company currently has 1 million shares outstanding, how many outstanding shares will it have after the split?


Definitions:

Spermicidal Jellies

Contraceptive products used to immobilize or kill sperm, designed to be applied inside the vagina to prevent pregnancy.

Intrauterine Device

A small T-shaped device inserted into the uterus to prevent pregnancy by changing the way sperm cells move so they cannot reach an egg.

Chlamydia

A common sexually transmitted infection caused by the bacterium Chlamydia trachomatis.

Antibiotics

Medicines used to prevent and treat bacterial infections by killing or inhibiting the growth of bacteria.

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