Common stock outstanding, Dryden, Corp. has 500,000 shares

Common stock outstanding

Reference no: EM13903886

Dryden, Corp. has 500,000 shares of common stock outstanding, a P/Eratio of 11, and $900,000 earnings available for commonstockholders. The board of directors has just voted a 5:2 stock split.

22. If you had 100 sharesof stock before the split, how many shares will you have after the split?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

23. Whatwas the total value of your investment in Dryden stock before the split?

24. Whatshould be the total value of your investment in Dryden stock after the split?

Reference no: EM13903886

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Common stock outstanding : Dryden, Corp. has 500,000 shares of common stock outstanding, a P/Eratio of 11, and $900,000 earnings available for commonstockholders. The board of directors has just voted a 5:2 stock split.

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