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chao chao
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3 years ago
Wayne Enterprises has 300 shares outstanding. It has announced a 3-for-2 split. What is the split ratio and how many shares will be outstanding after the split?

▸ S = 0.5. ShroutA = 100

▸ S = 0.67. ShroutA = 200

▸ S = 1.5. ShroutA = 450

▸ S = 1.33. ShroutA = 400
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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rednexangel78rednexangel78
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3 years ago
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3 years ago
Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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