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

question 42

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

-Immediately after the share split, an investor who owned 100 shares before the split will own [blank].

• A)100 shares worth a total of $4200
• B)200 shares worth a total of $8400
• C)200 shares worth a total of $16,800
• D)200 shares with a par value of $8.00 each

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Definitions:

Understanding Customer Needs

The process of identifying and analyzing the desires, problems, and requirements of a business's target audience to create more effective products or services.

Intensive Distribution Strategy

A strategy in which a company stocks its products in as many outlets as possible to maximize reach and availability to customers.

Convenience Products

Goods that are readily available and easy for consumers to buy, often characterized by frequent purchase with minimal effort and comparison.

Consumer Product Category

Consumer product category refers to a classification of similar products or services offered to consumers that serve a similar purpose or satisfy a specific consumer need.