Rico owns 100 shares in Tolton Manufacturing, currently selling for $0 per share. His stock split yesterday 3-for-1. The number of shares that Rico owns has tripled. 16 True or False True False

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Rico owns 100 shares in Tolton Manufacturing, currently selling for $80 per share. His stock split yesterday 3-for-1. The number
of shares that Rico owns has tripled.
16
True or False
True
False
< Prev
7 of 10
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Transcribed Image Text:Rico owns 100 shares in Tolton Manufacturing, currently selling for $80 per share. His stock split yesterday 3-for-1. The number of shares that Rico owns has tripled. 16 True or False True False < Prev 7 of 10 Next > 28 28 itv
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