Sherman Corporation Declared a 3-For-1 Stock Split on 8,000 Shares

question 112

Multiple Choice

Sherman Corporation declared a 3-for-1 stock split on 8,000 shares of $7.50 par value common stock. If the market price of the stock had been $30 a share before the split, the par value, number of shares, and approximate market value after the split would be

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Comprehensive Job Description

A detailed document that outlines the duties, requirements, and expectations associated with a specific job position.

Lengthy Documents

Written materials that are particularly extensive or detailed in nature.

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Clearly written summaries of a job's duties, responsibilities, and requirements, helping prospective employees understand the role and its expectations.

Department Manager

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