Current stock price

Assignment Help Financial Accounting
Reference no: EM132204063

Happy M manufacturing has 30,000 shares of common stock outstanding. It's management believes the current stock price of $100 per share is too high. The company is planning a to conduct stock splits in the ratio of 4 for 1

If Happy M declares a 4-1 stock split, what will the new price of the company's stock assuming the total value of the firms stock remains the same after the split?

A) 200

B) 25

C) 400

D) 50

E) 33.33

Company M is one of Happy M's competitors. Company M's market intelligence research team shares Happy M's plans of announcing a stock split influencing the distribution policy makers. Company M decides to offer dividends to its shareholders. Company M has 3,200,000 shares of common stock outstanding

If the firm pays a 6% stock dividend what will be the total number of shares outstanding after the dividend payout?

A) 3,392,000

B) 4,070,400

C) 2,883,200

D) 3,900,800

Any and all help appreciated. Thank you in advance.

Reference no: EM132204063

Questions Cloud

Shares of stock outstanding at the end : Victor Corporation has the following shares of stock outstanding at the end of 2017:
What is the balance of the fund at the end of 2015 : The fund pays interest at 4% compounded annually. What is the balance of the fund at the end of 2015 (after the 2015 deposit)?
List the statistical tests you would use to test hypotheses : List the statistical tests you would use to test the hypotheses for a, b, c, d and the one you have generated yourself. Generate a new hypothesis of your own
Prepare the entry to record january payroll tax expense : All earnings are subject to 8% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes. Prepare the entry to record January payroll
Current stock price : Happy M manufacturing has 30,000 shares of common stock outstanding. It's management believes the current stock price of $100 per share is too high
Distribution decisions are complicated : Based upon your understanding of the constraints on dividend payments, Identify the type of constraints this condition represents, other factors held constant
What is the price of the stock 9 years from today : a. What is the price of the stock 9 years from today? b. What is their stock price today?
Calculate the market required rate of return : Dividends.com just paid its first annual dividend of $1.20 and projects that next year's dividend will grow by 3.5%.
Preemptive right advantages and disadvantages : What is preemptive right advantages and disadvantages?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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