Widget CO has a market capitalization of $125M. It does a 5-for-1 stock split. it then...
Widget CO has a market capitalization of $125M. It does a 5-for-1 stock split. it then does a 1-for-25 reverse stock split. Finally, it does a 35-for-1 stock split. Nothing else changes. Whats the new market cap?
A. $125M
B. $100M
C. $4.57M
D. $2,186M
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Widget CO has a market capitalization of $125M. It does a
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Increased by $332M
Increased by $200M
Increased by $156M
Decreased by $156M
Decreased by $200M
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28. Between December 2016 and December 2017, Widget Company’s
market capitalization:
Increased by $332M
Increased by $200M
Increased by $156M
Decreased by $156M
Decreased by $200M
29. At the end of 2016, Widget Company’s P/E is closest to:
a. 7.2 b. 8.0 c. 14.4 d. 15.0 e. 16.0
30. During 2017, Widget Company __________.
HINT: BOY SE + NI – DIVS + Equity Issued – Equity Repurchased = EOY
SE 23
Net borrowing was $200M and shares outstanding were repurchased...
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