Assuming the transaction was instantaneous

Assignment Help Financial Management

Reference no: EM131558667

A company had 10 million shares outstanding. After the market close on May 8, 2017, the company announced a 2-for-1 stock split. Assuming the transaction was instantaneous, how many shares outstanding did the company have on May 9, 2017?

Reference no: EM131558667

Questions Cloud

Projected sales-what is the amount of the collections : ABC Company has the following projected sales. What is the amount of the April collections.

How many days are in the operating cycle : ABC Corp. currently has an inventory turnover of 10, a payables turnover of 7.18, How many days are in the operating cycle?

What is the firm disbursement float : Deposited funds are available in 2 days. What is the firm's disbursement float?

The exchange rates-using triangle arbitrag : The exchange rates in New York are: What is the profit you can earn on $26,613 using triangle arbitrag.

Assuming the transaction was instantaneous : Assuming the transaction was instantaneous, how many shares outstanding did the company have on May 9, 2017?

Prepare statement of cash flows : Prepare a statement of cash flows using JSFD’s balance sheet, income statement and the additional information is provided below:

What is the amount of the march cash collection : ABC collects 16 percent of its sales in the month of sale and the remainder is collected in month. What is the amount of the March cash collection?

The cost of test marketing product prior : The cost of test marketing a product prior to deciding whether or not to produce the product is a sunk cost.

Using macrs rather than the straight-line method : An asset will be depreciated faster using MACRS rather than the straight-line method. The financial break-even point determines which one of these values?

User Account

All Pages