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he retail outlet has 6,000 shares of stock outstanding and the current market value of the firm is $429,000. the company just announced a 2-for-1 stock split. what will be the market price per share after the split? a) $35.75 b) $40.50 c) $80.50 d) $71.50 e) $50.25

Respuesta :

gauravsingh23VT

$40.50 will be the market price per share after the split. Hence, option B is correct.

What is stock outstanding?

The stock that a company currently owns, including restricted shares held by insiders and institutional investors as well as share blocks held by institutional investors, is referred to as shares outstanding.

Unsold shares are reported under "Capital Stock" on a company's balance sheet. They are "authorized" because they fall within the Company's corporate charter's allotted share cap. They were sold, and as a result, they were "issued". They are "great" because customers purchased them.

Thus, option B is correct.

For more information about stock outstanding, click here:

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