Tamara owns 595 shares of stock in a home appliance company. The value of the stocks is $12.75 per share. The company offers a 5:1 stock split.
How many shares does Tamara own of the company after the stock split?
Can someone help me other than saying "meow" as a answer and explanation
2 answers
5:1 stock split means that for every share, Tamara gets 5 shares.
psydag, i'm surprised you actually helped somebody FOR ONCE and didn't just be rude and tell them to go google it.