(Stock split) Templeton Care Facilities, Inc. was contemplating a stock dividend. The firm's stock price had...
(Stock split) Templeton Care Facilities, Inc. was contemplating a stock dividend. The firm's stock price had risen over the last three years and was trading at $216 per share. The firm's board of directors felt that the trading range should be around $54 to $104, so they were initially considering a stock dividendthat, other things remaining the same, would result in a $54 share price. On second thought, the firm's board of directors decided to use a stock split rather than a stock dividend, how many new shares should the firm issue for each outstanding share?
The necessary stock split factor is nothing. (Round to the nearest integer.)
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(Stock split) Templeton Care Facilities, Inc. was
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Stock dividend versus stock split Firm The board of Wicker Home Health Care, Inc. is exploring ways to expand the number of shares outstandng in an effort to reduce the market price per share to a level that the frm considers more appealing to investors. The options under consideration wo a 20stock dividend and, alternatively, a 5-kor 4 stock split At the present time, the firm's equally account and other per share information are given as follows: a. Show the...
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...
a. The price of Chaney's shares after a stock dividend of 19.6%
will be $___ (round to nearest cent)
b. The price of Chaney's shares after a three-for-one stock
split will be $___ (round to nearest cent)
c. The price of Chaney's shares after a stock dividend of 33.6%
will be $_____ (round to nearest cent)
d. The total number of shares outstanding after the stock
dividend of 19.6% is ____ shares (nearest integer)
The total number of shares outstanding...
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...
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