Business, 02.03.2020 19:25 akatherine1738
Smelling Company declared a 2-for-1 stock split on its common stock in order to intentionally reduce the market value of its stock so that it would be an attractive investment for a larger set of investors. The company’s common stock before the split is described as follows. Common stock: 100,000 shares outstanding, $10 par value, originally sold at $12.50, current market price $50. Describe the expected impact, if any, that the 2-for-1 stock split will have on a. The number of shares outstanding. The stock split will double the number of shares outstanding. The stock split will triple the number of shares outstanding. The stock split will reduce the number of shares outstanding by half of the current number. b. The market price of the stock. The split will reduce the market price of the stock to half of its current price. The split will not affect the market price of the stock. The stock split will triple the number of shares outstanding. c. The total stockholders' equity attributable to common stock. The total stockholders' equity will decrease. The total stockholders' equity will increase. The split will have no impact on the total stockholders' equity attributable to common stock.
Answers: 1
Business, 21.06.2019 14:30
When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?
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Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
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Business, 22.06.2019 22:10
jackie's snacks sells fudge, caramels, and popcorn. it sold 12,000 units last year. popcorn outsold fudge by a margin of 2 to 1. sales of caramels were the same as sales of popcorn. fixed costs for jackie's snacks are $14,000. additional information follows: product unit sales prices unit variable cost fudge $5.00 $4.00 caramels $8.00 $5.00 popcorn $6.00 $4.50 the breakeven sales volume in units for jackie's snacks is
Answers: 1
Smelling Company declared a 2-for-1 stock split on its common stock in order to intentionally reduce...
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