Ask Question
12 February, 12:03

Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he now own, and what is his basis per share

+2
Answers (1)
  1. 12 February, 15:14
    0
    new share = 150*3 = 450

    12/3 $ - new basis

    $4 is the new basis
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Seth owns 150 shares of stock with a basis of $1,800 at $12 per share. The stock splits three for one. How many shares does he now own, and ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers