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Question - Fred Jones owns 56 shares of the Robust Corporation's stock. Robust announces a 3 for 2 stock split. How many shares will Fred have after this split?
a. 178 shares.
b. 112 shares.
c. 84 shares.
d. 56 shares.
Putting yourself in the role of an investor or creditor, suggest the ratios that you believe would provide you with the most important information needed to make accurate predictions about the company's financial condition. Provide a rationale..
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