AIMO Corporation has 600,000 share stock outstanding. Recently, AIMO declared 2 for 1 split and...
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Accounting
AIMO Corporation has 600,000 share stock outstanding. Recently, AIMO declared 2 for 1 split and the earnings per share(EPS) after stock split is RM3. If you owned 2,000 shares of the stock before stock split, what is the effect of the stock split to your total earning after dividend payment?
A. RM12,000
B. RM4,000
C. RM6,000
D. RM16,000
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