Use the Following Information to Answer the Following Question(s)

question 11

Multiple Choice

Use the following information to answer the following question(s) .
Your firm is planning a 2 for 1 share split.The market price for the share has been $84.The following table presents the equity portion of your firm's balance sheet before the split.
Common share

-After the share split, the number of shares outstanding, their par value and the total common share account will stand at [blank].

• A)2,000,000; $4.00; $8,000,000
• B)500,000; $8.00; $4,000,000
• C)2,000,000; $2.00; $4,000,000
• D)500,000; $2.00; $2,000,000

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Definitions:

Technological Improvements

Innovations and advancements that enhance productivity, efficiency, and product quality in various industries.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a person, group, or country.

Worker-Hour

A unit of measure representing the amount of work accomplished by one worker in one hour.

Productive

Relating to the ability to produce a significant amount or result, especially in terms of goods or services.