A firm currently has 200,000 shares of stock outstanding at a market price per share of $120. Today, the firm announced a 2-for-1 stock split. What will the price per share be after the split? $240.00 $120.00 $40.00 $60.00
A firm currently has 200,000 shares of stock outstanding at a market price per share of...
Green Thumb Nursery has 37,000 shares outstanding at a market price of $63.25 per share. The earnings per share are $3.25. The firm has total assets of $330,000 and total liabilities of $191,000. Today, the firm announced a share repurchase for $85,000 of its stock. What is the earnings per share after the repurchase?
NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share. The company has just announced a 3-for-2 stock split. How many shares of stock will be outstanding after the split? Select one: a. 87,500 shares b. 262,500 shares c. 350,000 shares d. 116,667 shares
NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share. The company has just announced a 3-for-2 stock split How many shares of stock will be outstanding after the split? Select one a 350,000 shares b. 87,500 shares C 262,500 shares d 116,667 shares
Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and a market price of $52 a share. The balance sheet shows $46,000 in the common stock account, $515,000 in the paid in surplus account, and $530,000 in the retained earnings account. The firm just announced a 2-for-1 stock split. How many shares of stock will be outstanding after the split? Multiple Choice 0 46,000 shares 0 23,000 shares 0 92,000 shares 0 91,500 shares...
Question 2: A firm currently has 8 million shares of stock outstanding that have a current market price of $12. If all else remains constant, what will be the share price after each of the following: A 20% stock dividend. A four-for-one stock split A 32.5% stock dividend What would be the total number of shares outstanding after parts a through c? a. b. d.
The Hally Florist has 28,000 shares of stock outstanding with a par value of Rsti per share and a market value of RM7 a share. The company just announced a .for-5 reverse stock split. Currently, you own 300 shares of this stock. How many shares will you own after the reverse stock split? (2 marks) (CLO PLO2C3)
Roll Corporation (RC) currently has 505,000 shares of stock outstanding that sell for $80 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. RC has a four-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price $ b. RC has a 20 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)...
Murphy's, Inc., has 32,450 shares of stock outstanding with a par value of $1 per share. The market value is $10 per share. The balance sheet shows $88,850 in the capital in excess of par account, $32,450 in the common stock account, and $157,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend?
Murphy's, Inc., has 31,850 shares of stock outstanding with a par value of $1 per share. The market value is $13 per share. The balance sheet shows $87,650 in the capital in excess of par account, $31,850 in the common stock account, and $145,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend? $13.50 $13.00 $12.50 $11.61 $12.61
A firm has 10 million shares outstanding with a market price of $35 per share. The firm has $35 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions. For example, an answer of $1.23 million should be entered as 1.23, not 1,230,000. Round your answer to two decimal places....