Homework Answers
Answer:
Number of Shares owned = 300 Shares
Stock Split of 2 for 5 means 2 shares will be allotted against every 5 shares hold.
No. of Shares owned after reverse stock split = 300 / 5 *
2
No. of Shares owned after reverse stock split = 120
Shares
Add Answer to:
The Hally Florist has 28,000 shares of stock outstanding with a par value of Rsti per...
Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and...
Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and a market price of $52 a share. The balance sheet shows $46,000 in the common stock account, $515,000 in the paid in surplus account, and $530,000 in the retained earnings account. The firm just announced a 2-for-1 stock split. How many shares of stock will be outstanding after the split? Multiple Choice 0 46,000 shares 0 23,000 shares 0 92,000 shares 0 91,500 shares...
Outstanding Shares Willis & Company has 20 million shares of $1 par value common stock outstanding....
Outstanding Shares Willis & Company has 20 million shares of $1 par value common stock outstanding. The company believes that its current market price of $100 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price. How many shares will be outstanding following the stock split? million What will be the new par value per share? $
Assume that you own 128 shares of $12 par value common stock of a company and...
Assume that you own 128 shares of $12 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $50. Required: a. How many shares of common stock will you own after the stock split? b. What will probably happen to the market price per share of the stock? c. What will probably happen to the par value per share of the stock? a Shares of common stock after...
Murphy's, Inc., has 32,450 shares of stock outstanding with a par value of $1 per share....
Murphy's, Inc., has 32,450 shares of stock outstanding with a par value of $1 per share. The market value is $10 per share. The balance sheet shows $88,850 in the capital in excess of par account, $32,450 in the common stock account, and $157,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend?
Murphy's, Inc., has 31,850 shares of stock outstanding with a par value of $1 per share....
Murphy's, Inc., has 31,850 shares of stock outstanding with a par value of $1 per share. The market value is $13 per share. The balance sheet shows $87,650 in the capital in excess of par account, $31,850 in the common stock account, and $145,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend? $13.50 $13.00 $12.50 $11.61 $12.61
Willis & Company has 20 million shares of $1 par value common stock outstanding. The company...
Willis & Company has 20 million shares of $1 par value common stock outstanding. The company believes that its current market price of $100 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price. How many shares will be outstanding following the stock split? What will be the new par value per share?
Pearce & Company has 10 million shares of $2 par value common stock outstanding. The company...
Pearce & Company has 10 million shares of $2 par value common stock outstanding. The company believes that its current market price of $100 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price. How many shares will be outstanding following the stock split, and what will be the new par value per share?
66. Randall's, Inc. has 20,000 shares of stock outstanding with a par value of $1.00 per...
66. Randall's, Inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. The market value is $12 per share. The balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. The firm just announced a 5 percent (small) stock dividend. What will the balance in the retained earnings account be after the dividend? A. $38,500 B. $39,500 C. $50,500 D....
Titanium Metals Company had 25,000,000 shares of $0.05 par value common stock outstanding which had been...
Titanium Metals Company had 25,000,000 shares of $0.05 par value common stock outstanding which had been sold for an aggregate amount of $300,000,000. The company's shares are traded on the New York Stock Exchange, which has a minimum listing price of $1 per share. Recently, the company's common stock has been trading on the exchange below $1 per share, and the exchange has notified the company that its common stock would be delisted in 30 days if the stock price...
NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share....
NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share. The company has just announced a 3-for-2 stock split. How many shares of stock will be outstanding after the split? Select one: a. 87,500 shares b. 262,500 shares c. 350,000 shares d. 116,667 shares
Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and a market price of $52 a share. The balance sheet shows $46,000 in the common stock account, $515,000 in the paid in surplus account, and $530,000 in the retained earnings account. The firm just announced a 2-for-1 stock split. How many shares of stock will be outstanding after the split? Multiple Choice 0 46,000 shares 0 23,000 shares 0 92,000 shares 0 91,500 shares...
Outstanding Shares Willis & Company has 20 million shares of $1 par value common stock outstanding. The company believes that its current market price of $100 per share is too high and decides to execute a 4-for-1 forward stock split to lower the price. How many shares will be outstanding following the stock split? million What will be the new par value per share? $
Assume that you own 128 shares of $12 par value common stock of a company and the company has a 2-for-1 stock split when the market price per share is $50. Required: a. How many shares of common stock will you own after the stock split? b. What will probably happen to the market price per share of the stock? c. What will probably happen to the par value per share of the stock? a Shares of common stock after...
Most questions answered within 3 hours.
-
List and compare different forms of passive transport and active
transport.
asked 5 minutes ago -
In Netherland Dwarf rabbits, dwarf size is determined by allele
N, and normal-size by allele n....
asked 11 minutes ago -
During Heaton Company’s first two years of operations, it
reported absorption costing net operating income as...
asked 26 minutes ago -
Consider testing the
hypotheses:
H0: p = 0.56
H1: p > 0.56
where p is
the...
asked 29 minutes ago -
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 36 minutes ago -
A bank's loan officer rates applicants for credit. The ratings
are normally distributed with a mean...
asked 37 minutes ago -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 42 minutes ago -
how
to use a for loop to iterate over the string below and print each
character...
asked 44 minutes ago -
Please type answer, Thanks.
Respond to the following in a minimum of 175
words:
Research industry...
asked 43 minutes ago -
Assume that all interest rates in the economy increase from 9
percent to 10 percent. Which...
asked 53 minutes ago -
Describe the function of a Change Control Board.
When calculating Planned Value (PV), what is the...
asked 59 minutes ago -
The customer help center in your company receives calls from
customers who need help with some...
asked 1 hour ago