How many shares of stock will be outstanding

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Reference no: EM131623690

The common stock of Gillen Entertainment is selling for $52 a share. The firm has a book value of $357,400 and a market value of $886,000. How many shares of stock will be outstanding if the firm does a 5-for-2 stock split?

A. 6,815 shares

B. 2,749 shares

C. 17,183 shares

D. 42,596 shares

E. 32,211 shares

Please show how you arrived at the answer

Reference no: EM131623690

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