Answer: He accidentally mixed up the numbers, he should've described his movement with 7+(-9)
Step-by-step explanation:
After the stock split, I would have 7500 shares
A stock split is a method by which a company increases the number of its shares outstanding. A stock split leads to a fall in the price per share of the company. A stock split does not have any effect on the market capitalisation of a firm.
A five for one split means that for every one stock a shareholder owns, it is multiplied by 5
Number of stocks a shareholder has after a 5-for-1 stock split = 5 x number of stocks the shareholder had before the split
5 x 1500 = 7500 shares
To learn more about stock splits, please check: brainly.com/question/15685682?referrer=searchResults
Answer:
Step-by-step explanation:
divided all the number
the answer would be
because you would need to find the LCD, which in this case would be 56 and you solve from there.