Balance sheet with equity account values

Assignment Help Financial Management

Reference no: EM131353436

Red’s Electronics has a balance sheet with equity account values of: common stock ($1 par) of $70,500; capital surplus of $141,600; and retained earnings of $208,300. How many shares will be outstanding if the firm declares a 2-for-9 reverse stock split?

A: 5,833 shares

B: 15,667 shares

C: 18,000 shares

D: 305,750 shares

E: 317,250 shares

Reference no: EM131353436

Questions Cloud

Determine two major employment laws : Determine two major employment laws which a practice manager could unintentionally violate. Next, recommend the main steps that the manager should take to avoid the risk of breaking those laws.

Discuss the circumstances in which the statement would apply : If the facts are not sufficient to determine whether a statement applies to a situation, discuss the circumstances in which the statement would apply.

Analyze the use and claims of the chemical or hormone : Select one of the following performance enhancers discussed in the text: caffeine, alcohol, anabolic steroids, androstenedione, human growth hormone, dehydroepiandrosterone, or amphetamines. Analyze the use and claims of the chemical or hormone an..

How much heating is required : The temperature of 1kg of mercury at 200e is increased by 50C under conditions of constant volume. How much heating is required?

Balance sheet with equity account values : Red’s Electronics has a balance sheet with equity account values of: common stock ($1 par) of $70,500; capital surplus of $141,600; and retained earnings of $208,300. How many shares will be outstanding if the firm declares a 2-for-9 reverse stock sp..

Legal liability in medical practice management : Select two (2) areas of professional liability that you think pose the most serious legal threat for a physician in a medical practice. Provide a rationale for your selection.

Prove the given equation : The Joule-Thomson coefficient J-l is a measure of the temperature change during a throttling process. A similar measure of the temperature change produced by an isentropic change of pressure is provided by the coefficient µs,-

Compute the derivative of this map : Compute the derivative of this map at a point (x, y, 0) of the cylinder, and verify that it is area-preserving. Why is it sufficient to carry out this computation at a point where z = 0?

User Account

All Pages