How many of the old shares must be given up

Reference no: EM13303176

Ross Financial has suffered losses in recent years, and its stock currently sells for only $0.50 per share. Management wants to use a reverse split to get the price up to a more "reasonable" level, which it thinks is $25 per share. How many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value?

Reference no: EM13303176

Questions Cloud

Determine is the material ductile or brittle : Plot the stress-strain curve and determine the proportional limit, modulus of elasticity (i.e., the slope of the initial part of the stress-strain curve), and yield stress at 0.2% offset. Is the material ductile or brittle

Risk-taking is an important aspect of the leadership : Risk-taking is an important aspect of the leadership role of a project manager

Hanlon basic priority rating system : Which planning stage step is important for analyzing a health problem for its direct and indirect causes and then applying the Hanlon basic priority rating system

Calculate the head loss using darcy weichbach equation : The ½ inch pipe was found to have an average friction factor of 0.0129 and the ¾ pipe had an average friction factor of 0.0209. The length of the pipes between the two manometer connections are 60 inches each.

How many of the old shares must be given up : How many of the old shares must be given up for one new share to achieve the $25 price, assuming this transaction has no effect on total market value?

What are the most critical concepts involved : What are the most critical concepts involved with successful capital structure patterns. Can certain steps be overlooked? Why or why not?

Compute relative compaction based on modified proctor test : sand cone test has been performed . The test results: intial weight of cone + sand =13.51lb, Final weight of sand cone + sand= 4.26lb, weight of sand to fill cone=2.12lb, weight of soil from hole+bucket=12.42lb, weight of bucket=1.21lb

Egyptian governmental policy toward semitic immigrants : According to Exodus, how did the descendants of Abraham and Jacob (Israel) become enslaved in Egypt? Explain how Egyptian governmental policy toward Semitic immigrants may have been influenced by the historical expulsion of the Hyksos

Determine the net force acting on the plank : A juniper wood plank measuring 5 ft by 0.6 ft by 0.3 ft is totally immersed in water. What is the net force acting on the plank

User Account

All Pages