Determine the new number of shares outstanding in parts

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Reference no: EM13721696

Roll Corporation (RC) currently has 270,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

a. RC has a ?ve-for-three stock split?

b. RC has a 15 percent stock dividend?

c. RC has a 42.5 percent stock dividend?

d. RC has a four-for-seven reverse stock split?

Determine the new number of shares outstanding in parts (a) through (d).

Reference no: EM13721696

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