Calculate what would bilal position be after the split

Assignment Help Financial Accounting
Reference no: EM132832953

Problem 1: Bilal owns 1,200 shares of Decent Company's common stock at a current market price of 590 per share. If Decent Company splits its stock under the 3 for 1 formula, then calculate what would Bilal's position be after the split?

Reference no: EM132832953

Questions Cloud

Discuss the aspects of liability and negligence : A nurse assisting with a surgical procedure at the Bella Hospital fails to remove a surgical sponge before the surgeon closes the incision. Discuss the aspects.
Pass two journal entries to record the dividend declaration : Pass two journal entries to record the dividend declaration and dividend payment. XYZ company declared a cash dividend of Rs 12 per share of ordinary shares
Discuss the method of sale with john and elizabeth : While filling in the sales agency agreement, you discuss the method of sale with John and Elizabeth. You suggest that the property should be sold at auction
How much money have you accumulated for your retirement : You are going to withdraw $50,426 every year at the end of the year for the next 27 years. How much money have you accumulated for your retirement
Calculate what would bilal position be after the split : Calculate what would Bilal position be after the split? Bilal owns 1,200 shares of Decent Company's common stock at a current market price of 590 per share.
How do teachers work together to plan units : Clinical Field Experience C: 520 Planning Instructional Units Proper classroom planning will keep teachers organized and on track. Planning instructional.
Find what is amount of owner equity at the end of the year : Total assets increased by $130,000 and total liabilities decreased by $80,000. What is the amount of owner's equity at the end of the year?
What is the bond yield to maturity : Renfro Corporation's bonds will mature in 10 years. The price of the bonds is $1,100. What is the bond's yield to maturity, current and capital gains yield
About the length reactionary forces : How did the incident serve as a wake up call to America at large about the length reactionary forces were willing to go to in order to prevent the desegregation

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare statement of comprehensive income for the year

Prepare Statement of Comprehensive Income for the year ended 30 June 2020 in accordance with relevant accounting standards.

  What extent the cost model and the revaluation model

What extent the cost model and the revaluation model provide the existing or potential investors with useful financial information for making decisions

  Prepare the journal entry stinson will make

1. Prepare the journal entry Stinson will make when the note is established.

  Find a fair value for the call option

The one year call option on Caddo Inc. stock has an exercise price of 42. Use the binomial option pricing model to find a fair value for the call option

  Anticipates he will need approximately

Sam Long anticipates he will need approximately $225,400 in 13 years to cover his 3-year-old daughter’s college bills for a 4-year degree. How much would he have to invest today at an interest rate of 6 percent compounded semiannually?

  What is the total cost of the completed beginning inventory

What is the total cost of the completed beginning inventory? What is the average cost per gallon of all goods completed during April?

  Two mutually exclusive projects with the cash flows

You are considering two mutually exclusive projects with the following cash flows. Will your choice between the two projects differ if the required rate of return is 8% rather than 11%? If so, what should you do?

  Prepare Pearl Corporation journal entries for the investment

Sapphire reported net income of $525,000. Prepare Pearl Corporation's journal entries for the investment in Sapphire for the 2021 fiscal year

  Discuss the decision making proces

Discuss this decision making process and be sure to include the cost of capital, time value of money, net present value, and the internal rate of return

  How much cash will the company pay for dividends

A company has 360,000 shares authorized, 120,000 shares issued, and 80,000 shares outstanding. It declares cash dividends of $1 per share. How much cash will the company pay for dividends?

  Prepare journal entries to record the accrual of interest

Prepare journal entries to record The accrual of interest on December 31. The payment of interest on July 1. The issuance of the bonds.

  Compute the amount of net income for the year

Using the retained earnings equation and an opening balance of $0, work backward to compute the amount of net income for the year ended December

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd