A flat tax is a tax system that taxes income at a single fixed rate regardless of an individual income level, meaning that all taxpayers pay the same tax rate on their income.<span>This tax is applied upon consumers at the point of sale for goods and services.</span>
<span> sale tax is a tax imposed on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the seller</span>
Answer:
The answer is B..
Explanation:
Stock split is the issuing of new shares to existing shareholders according to their current holdings from the total outstanding shares. It increases the number of outstanding shares.
Post-split stock price = Current price/new per old
Number of new shares = 3
Number of old shares = 1
Pre-split stock price = $150
Therefore, post-split stock price is:
1/3 x $150
=$50
I think the correct answer is B
Hope this helps
-AaronWiseIsBae