Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception....
Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception. Effective Date October 12, 2000 January 18, 2000 February 26, 1999 August 15. 1997 April 16, 1996 February 22, 1995 November 8, 1993 June 16,1989 December 21,1987 March 9, 1987 Split Amount 2 for 1 2 for 1 3 for 2 3 for 2 3 for 2 3 for 2 2 for 1 2 for 1 2 for 1 2 for 1 a. If...
Determining Effects of Stock Splits Oracle Corp has had the following stock splits since its inception. Effective Date Split Amount 2 for 1 October 12, 2000 January 18, 2000 2 for 1 February 26, 1999 3 for 2 August 15, 1997 3 for 2 April 16, 1996 3 for 2 February 22, 1995 3 for 2 November 8,1993 2 for 1 June 16,1989 2 for 1 December 21, 1987 2 for 1 March 9, 1987 2 for 1 a. If...
Compute the revised par value after each stock split. Round answers to three decimal places. Revised Par Effective Date Value March 9, 1987 $ 1 December 21, 1987 $ 0.5 June 16, 1989 $ 0.25 November 8, 1993 $ 0.125 February 22, 1995 $ 0.083 April 16, 1996 $ 0.056 August 15, 1997 $ 0.037 February 26, 1999 $ 0.025 January 18, 2000 $ 0.012 October 12, 2000 $ 0.006 b. On May 10, 2016, Oracle stock traded for about...
Exercise 11-16A (Algo) Determining the effects of stock splits on the accounting records LO 11-7 The market value of Yeates Corporation's common stock had become excessively high. The stock was currently selling for $420 per share. To reduce the market price of the common stock, Yeates declared a 5-for-1 stock split for the 380,000 outstanding shares of its $12 par value common stock Required b. Determine the number of common shares outstanding and the par value after the split. (Round...
Exercise 10-72 Stock Dividends and Stock Splits The balance sheet of Castle Corporation includes the following stockholders' equity section: Common stock, $2 par, 80,000 shares authorized, $120,000 60,000 shares issued and outstanding Additional paid-in capital-common stock 371,800 Total capital stock $491,800 Retained earnings 173,000 Total equity $664,800 Required: 1. Assume that Castle issued 60,000 shares for cash at the inception of the corporation and that no new shares have been issued since. Determine how much cash was received for the...
RESOURCES er 13 and Question 10 Paiva Corporation splits its common stock 2 for 1, when the market value is 80 per share. Por to the split, Paiva the split, the par value of the stock 100.000 shares of $10 par value common stock issued and outstanding. After is reduced to $5 per share is reduced to $2 per share OS is reduced to $20 per share remains the same
Examine the scatter plot. a) Draw a line of best fit through the following data. [1] [1] b) Predict a correlation coefficient that would describe this data. c) Describe how the line of best fit would change without the influential point on the right d) The x-axis is amount of snowfall and the y-axis is cars on the road. Make a conclusion about this data, 100 98 96 8 24 2000 = 100 8 85 84 1966 1967 19es 1989...
Problem 10-3B Indicate effect of stock dividends and stock splits (L010-6) The Athletic Village has done very well the past year, and its stock price is now trading at $90 per share Management is considering either a 100% stock dividend or a 2 for 1 stock split. Required: Complete the following table comparing the effects of a 100% stock dividend versus a 2-for-1 stock split on the stockholders' equity accounts, shares outstanding, par value, and share price. (Round "Par value...
Dividends Stock Splits 1) The board of directors voted for a 2:1 stock split. Prior to the split, the company had 50,000 shares of $10 par common stock. What is the effect of the stock split? If a journal entry is required, then include in your answer. 2) Create the journal entry if ABC Company declares and pays a property dividend payable in bonds of DEF Company (bonds are being held to maturity and are carried on ABC’s books at...
Please help me with these 3 questions with a picture of your graphing calculator. Thank you!!! 1) Use your graphing calculator to solve the system of equations below. Set your window to-3 Sx$3 and 3 sys 3. Use the intersect feature to calculate the intersection of the two lines. Paste your graph below, making sure the intersection point is clearly labeled. 1-2に7iiii 2) Use your graphing calculator to graph the system of inequalities below. (Hint: You can take care of...