In: Accounting
You are a financial consultant. Your client owns 200 shares of Chipotle Mexican Grill. This corporation has never had a stock split. Write a message to your client discussing the possibility of a stock split. Explain to your client how a 2:1 split might affect their portfolio of stocks. You will need to do some research on stock splits and study the section on stock-splits from the book in Chapter 13. The Chapter 13 PowerPoint slides are a good resource. Your message must be professionally written, using the proper voice for your audience. It must be completely free of spelling and grammatical errors. Remember to be thorough, but concise, so a maximum of two paragraphs. Use actual Chipotle stock prices in your explanation and focus on what the client needs.
You are a financial consultant. Your client owns 200 shares of Chipotle Mexican Grill. This corporation has never had a stock split.