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3 December, 12:51

Bento, Inc. had 500,000 shares of common stock outstanding before a stock split occurred, and 1,500,000 shares outstanding after the stock split. The stock split was a) 3-for-1 b) 2-for-5 c) 5-for-1 d) 1-for-5

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  1. 3 December, 12:55
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    a) 3-for-1

    Explanation:

    No of shares before stock split = 500000

    No of shares after stock split = 1500000

    Ratio in which stock was split

    = 1500000 / 500000

    = 3/1

    3-for-1.
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