(W8C19.20) (T/F) A stock can split and add additional shares as specified per existing share OR a stock can reverse split and decrease the number of outstanding shares by the predetermined ratio. Select one: True False
A stock can split and add additional shares as specified per existing share OR a stock cant reverse split and decrease the number of outstanding shares by the predetermined ratio.
- True
Stock split happens in ratio specified for split. It increase the number of shares and reduce the share price as per specification.
Stock reverse split is merger of stocks and as shares are merged number of outstanding shares decreases.
(W8C19.20) (T/F) A stock can split and add additional shares as specified per existing share OR...
(W8C19.20) (T/F) Miller and Modigliani support the Dividend Irrelevance Theory. They state the payout in dividends has no effect on stock value. Select one: True False
(W8C19.20) (T/F) Companies are required to pay dividends to their stockholders. Select one: True False
(W8C19.20) (T/F) In the Tax Effect Theory of Dividends, investors prefer a higher dividend payout so they can write more off on their taxes. Select one: True False
(W8C19.20) (T/F) A put warrant gives an investor the right to sell a security. Select one: True False
LTE stock sells for $27.69 per share and there are 280,000 shares outstanding. The company plans a 4-for-3 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? .
A corporation, which had 37,400 shares of common stock outstanding, declared a 4-for-1 stock split. (a) What will be the number of shares outstanding after the split? (b) If the common stock had a market price of $96 per share before the stock split, what would be an approximate market price per share after the split? $__ per share? (c) Is a journal entry required for a stock split? Yes or no?
Earnings per share can be calculated as Net Income/Total shares outstanding. Earnings per share can be calculated as Net Income/Total shares outstanding. True or False True False 1 2 3 of 6 Prey Next >
LTE stock sells for $28.17 per share and there are 360,000 shares outstanding. The company plans a 3-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? Multiple Choice Ο $9.39 Ο $56.34 Ο $84.51 Ο $75.12 Ο $14.09
Which one of the following is correct concerning the effects of a reverse stock split? Select one: O a. The market price of the stock will decrease. b. The number of shares outstanding will increase. O c. The market value of the equity will remain constant. O d. The par value of the stock will increase. e. The balance in the common stock account will increase.
14 LTE stock sells for $27.99 per share and there are 330,000 shares outstanding. The company plans a 6-for-1 reverse stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? & οο516) Multiple Choice Ο 516794 Ο $139.95 Ο $149.28 Ο Ο 55.50 Ο Ο $4.57