Explain the effect the split will have on company balance

Assignment Help Accounting Basics
Reference no: EM132699854

You have just obtained your MBA and obtained your dream job with a large corporation as a manager trainee in the corporate accounting department. Your employer plans to offer a 3-for-1 stock split. The stock has been selling for a market price of $300.00

Requirement.

Question 1: Briefly indicate the accounting entries necessary to recognize the split in the company's accounting records.

Question 2: Explain the effect the split will have on the company's balance sheet.

Question 3: -Discuss the effects of the stock price the day after the stock split

Question 4: Amazon stock is currently selling at over $3,000 per share (Amazon) ( )?

Question 5: What is your Amazon stock worth if you own 100 shares? (Assume $3,000 per share)?

Question 6: Assume Amazon has a 6 to one stock split.

Question 7: How many Amazon stock would you now own?

Question 8: What would your stock be worth immediately after the split? (Assume no other market factors other than the split.)

Attachment:- Amazon.zip

Reference no: EM132699854

Questions Cloud

What amount is included in f net income for tax purposes : All amounts have been converted to Canadian currency. What amount is included in F's net income for tax purposes for the current year?
Prepare the adjusting entries needed at december : Prepare the adjusting entries needed at December 31, 2020 in order to correctly state the 2020 pre-tax income. If no entry is needed, write NONE.
Explain similarities between the cases quill and wayfair : Explain the similarities and differences between the cases Quill and Wayfair. contrast the Due Process Clause nexus with the Commerce Clause nexus standards
Classify the charges associated with the cellular phone : Classify the charges associated with the cellular phone service as (a) committed resources or (b) flexible resources
Explain the effect the split will have on company balance : Briefly indicate the accounting entries necessary to recognize the split in the company's accounting records. Explain the effect the split will have
Define what you thought was the most important concepts : Reflect on the assigned readings for the week( Chapter 14: Conflict and Negotiation (Uploaded)). Identify what you thought was the most important concept(s).
Prepare a graph for truck depreciation : Prepare a graph for truck depreciation. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement
Compute the final demand for each type of product : National exporters (NE) Ltd manufactures Agricultural, Compute the final demand for each type of product. Compute the total worth of primary inputs
Write a balanced chemical equation : Combustion of hydrocarbons such as undecane (C11H24) produces carbon dioxide, a "greenhouse gas." Greenhouse gases in the Earth's atmosphere

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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