Brinkley Resources stock has increased significantly over the last five years, selling now for $60 per...
Brinkley Resources stock has increased significantly over the last five years, selling now for $60 per share. Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share?
Select the correct answer.
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Brinkley Resources stock has increased significantly over the
last five years, selling now for $60 per...
o O o Brinkley Resources stock has increased significantly over the last five years, selling now...
o O o Brinkley Resources stock has increased significantly over the last five years, selling now for $175 per share. Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should...
Brinkley Resources stock has increased significantly over the last five years, selling now for $225 per...
Brinkley Resources stock has increased significantly over the last five years, selling now for $225 per share. Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per...
Keys Financial has done extremely well in recent years, and its stock now sells for $65...
Keys Financial has done extremely well in recent years, and its stock now sells for $65 per share. Management wants to get the price down to a more typical level, which it thinks is $40.00 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share? Please show the work!
Keys Financial has done extremely well in recent years, and its stock now sells for $195...
Keys Financial has done extremely well in recent years, and its stock now sells for $195 per share. Management wants to get the price down to a more typical level, which it thinks is $35 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per one old share? Show your calculations, if any, and explain...
Which of the following actions will best enable a company to raise additional equity capital? RAX...
Which of the following actions will best enable a company to raise additional equity capital? RAX House is a private company considering going public. PAX House has assets of $585 million and liabilities of $415 milion After the IPO, RAX House will have 120 million shares outstanding. The industry average book value per share is 23. The company estimates the IPO price using the industry average multiples. The closing price of the first day trading in the market is $3.90....
accounting
Ross-Jordan Financial has suffered losses in recent years, and its stock currently sells for only $0.50 per share. Management wants to use a reverse split to get theprice up to a more "reasonable" level, which it thinks is $25 per share. How many of the old shares must be given up for one new share to achieve the $25 price,assuming this transaction has no effect on total market value?
ooooo If one U.S. dollar buys 1.59 Canadian dollars, how many U.S. dollars can you purchase...
ooooo If one U.S. dollar buys 1.59 Canadian dollars, how many U.S. dollars can you purchase for one Canadian dollar? O a. 0.7547 O b. 0.5346 O c.0.6289 O d. 0.6667 O e. 0.5786 estions Question 17 of 40 looooo Ross-Jordan Financial has suffered losses in recent years, and its stock currently sells for only $0.60 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $12...
TDAC has just paid $3 per share. The required rate of return for the stock is 9%. It had difficult few years and so the...
TDAC has just paid $3 per share. The required rate of return for the stock is 9%. It had difficult few years and so the Board of Directors decided to cut the dividend by 3% every year, starting next dividend to be paid. What is the price of the stock at the scenario? There are some optimist investors too. They think the decrease will be for the next 2 years only and after that the dividend will again grow at...
I wanted to update you on my efforts to secure an increased line of credit for...
I wanted to update you on my efforts to secure an increased line of credit for working capital. Despite my repeated efforts and the calls that both of you have made to our bank's senior officers, Miami Dade Merchant's Bank (MDM) continues to be inflexible. It refuses to increase our $3.2 million line of credit and says that it will not change its mind. It is also proposing tighter covenants. I have highlighted for MDM our improved EBIT and free...
I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...
I need Summary of this Paper i dont need long summary i need
What methodology they used , what is the purpose of this paper and
some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...
o O o Brinkley Resources stock has increased significantly over the last five years, selling now for $175 per share. Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should...
Brinkley Resources stock has increased significantly over the last five years, selling now for $225 per share. Management feels this price is too high for the average investor and wants to get the price down to a more typical level, which it thinks is $25 per share. What stock split would be required to get to this price, assuming the transaction has no effect on the total market value? Put another way, how many new shares should be given per...
Which of the following actions will best enable a company to raise additional equity capital? RAX House is a private company considering going public. PAX House has assets of $585 million and liabilities of $415 milion After the IPO, RAX House will have 120 million shares outstanding. The industry average book value per share is 23. The company estimates the IPO price using the industry average multiples. The closing price of the first day trading in the market is $3.90....
ooooo If one U.S. dollar buys 1.59 Canadian dollars, how many U.S. dollars can you purchase for one Canadian dollar? O a. 0.7547 O b. 0.5346 O c.0.6289 O d. 0.6667 O e. 0.5786 estions Question 17 of 40 looooo Ross-Jordan Financial has suffered losses in recent years, and its stock currently sells for only $0.60 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $12...
I need Summary of this Paper i dont need long summary i need
What methodology they used , what is the purpose of this paper and
some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...
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