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Stock Split shares. In March 2016, Towson Company announced a 4-for-1 stock split. This brought the number of shares outstand

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Answer #1

Ans : Stock split 4 for 1 ,

Stock split ratio = 4/1

Total number of shares outstanding = 88 million

Shares outstanding after stock split = shares outstanding before stock split * stock split ratio

= 88 million shares * 4/1

= 352 million

Option B

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