please answer 12 & 13. thank you.Homework Answers
Answer:
Question 12)
Stock split =3 to1
Number of shares holds N=70
Current price of share P=23.47/Share
So new share price =P/3=23.47/3=$7.823
Question 13)
Stock split =2 to1
Number of shares holds N=100
Current price of share P=11.88/Share
So new share price =P/2=11.88/2=$5.94
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please answer 12 & 13. thank you.
Question 12 (0.15 points) A company's board of directors...
A company's board of directors approved a 3-for-1 stock split. If you owned 60 shares before...
A company's board of directors approved a 3-for-1 stock split. If you owned 60 shares before the stock split at $23.54 per share, how many shares would you own after the split?
On June 13, the board of directors of Siewert Inc, declared a 2-for-1 stock split on...
On June 13, the board of directors of Siewert Inc, declared a 2-for-1 stock split on its 120 million, $5 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $23 on June 13 Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers...
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Brief Exercise 18-14 (Algo) Stock split [LO18-8] On June 13, the board of directors of Siewert Inc, declared a 2-for-1 stock split on its 100 million, S1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $24 on June 13 Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is not to be effected in the form of a stock dividend. What is the par...
Chapter 18-2. On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock...
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On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 50 million, $10 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $26 on June 13. Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers...
On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on...
On June 13, the board of directors of Siewert Inc. declared a
2-for-1 stock split on its 60 million, $1.00 par, common shares, to
be distributed on July 1. The market price of Siewert common stock
was $25 on June 13.
Prepare the journal entry to record the stock split if it is to be
effected in the form of a 100% stock dividend. What is the par per
share after the split?
PLEASE NOTE = $.50 and $12.50
were...
Please answer all parts. A,B, C, D, E. Thank you! Stock splits Personal Finance Problem Nathan...
Please answer all parts. A,B, C, D, E. Thank you!
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Question 13 & 14 please! Thank you! Question 13 (0.15 points) You have take home pay...
Question 13 & 14 please! Thank you!
Question 13 (0.15 points) You have take home pay of $975 a week. Your disability insurance coverage replaces 75% of your earnings after a four-week waiting period. What amount would you receive in disability benefits if an illness keeps you from work for 18 weeks? Your Answer: Answer DView hint for Question 13 Question 14 (0.15 points) How much would you receive with actual cash-value coverage for a four-year-old sofa destroyed by fire?...
If the board of directors approves a two for one stock split, an investor who owns...
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On June 13, the board of directors of Siewert Inc, declared a 2-for-1 stock split on its 120 million, $5 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $23 on June 13 Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers...
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On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 50 million, $10 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $26 on June 13. Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split? Complete this question by entering your answers...
On June 13, the board of directors of Siewert Inc. declared a
2-for-1 stock split on its 60 million, $1.00 par, common shares, to
be distributed on July 1. The market price of Siewert common stock
was $25 on June 13.
Prepare the journal entry to record the stock split if it is to be
effected in the form of a 100% stock dividend. What is the par per
share after the split?
PLEASE NOTE = $.50 and $12.50
were...
Please answer all parts. A,B, C, D, E. Thank you!
Stock splits Personal Finance Problem Nathan Detroit owns 400 shares of the drink company Monster Beverage Corp., which he purchased for $115 per share. Nathan read in the Wall Street Journal that the company's board of directors had voted to split the stock 5-for-1. Just before the stock scat, Monster Beverage shares were trading for $128.92. Answer the following questions about the impact of the stock split on his holdings...
+ izzes - Personal Financial Planr X quizzing/user/attempt/quiz_start_frame auto.d21?ou=77500378isprv= &drc=0&qi=78034678cfql=08dnb=0 fouTube vestments 1 hr One Attempt Only Carmecia Walker: Attempt 2 Time Left:0:46:42 A company's board of directors approved a 2-for-1 stock split. If you owned 280 shares before the stock split at $22.61 per share, how much would your shares be worth in total immediately after the split?
Question 13 & 14 please! Thank you!
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