User Account

All Pages

How many shares are outstanding now

Assignment Help Financial Management
Reference no: EM132052747

The owners' equity accounts for Freya International are shown here. Common stock ($.60 par value) $ 45,000 Capital surplus 365,000 Retained earnings 798,120 Total owners’ equity $ 1,208,120.

a-1 If Freya declares a three-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.) New shares outstanding ______.

a-2 What is the new par value per share? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.) New par value $ _________per share.

b-1 If Freya declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) New shares outstanding ________.

b-2 What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) New par value $ _______ per share.

Reference no: EM132052747

Questions Cloud

Affect retention selection and reinsurance limit selection : Describe the factors that affect retention selection and reinsurance limit selection.
Estimate of these bonds remaining life in years : What is the best estimate of these bonds' remaining life in years?
How much should you be willing to pay for bond today : The yield to maturity on a 15-year bond with similar risk will be 7.5%. How much should you be willing to pay for Bond X today.
Assuming yield to maturity remains constant : Assuming the yield to maturity remains constant, what is the price of the bond immediately before it makes its first coupon payment?
How many shares are outstanding now : If Freya declares a three-for-one stock split, how many shares are outstanding now?
How to invest part of your retirement savings : You are considering how to invest part of your retirement savings. What is the new value of the portfolio?
Summarizes prices of various default-free-zero-coupon bonds : The following table summarizes prices of various default-free, zero-coupon bonds (expressed as a percentage of face value):
The stock has more systematic risk than the overall market : The stock has the same systematic risk as the overall market. The stock has more systematic risk than the overall market.
Insurer financial strength affect its need for reinsurance : How does an insurer’s financial strength affect its need for reinsurance?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the current yield and what is the capital gains

A corporate bond currently sells for $834.72. This $1,000 par value, 20 year bond pays an annual coupon of 5%. SHOW ALL WORK using the TI BAII Plus Calculator for full credit. What is the yield to maturity (YTM)? What is the current yield? What is th..

  True about violations of PPP

A good goal for a firm's management is maximization of expected EPS. Which of the following is true about violations of PPP?

  Statements must be true regarding this portfolio for period

Which one of these statements must be true regarding this portfolio for the period?

  What is the bonds expected rate of return

The market price is $900 for a 10-year bond that pays 8% interest semi annually. What is the bond's expected rate of return? If the required rate of return is 11%, is this bond overpriced, fairly priced, or underpriced? (Please show your calculation)

  Find the operating cash flow for year

Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales revenue of $313,500,000?,

  What will be the value of the investment in two years

Your brother has asked you to help him with choosing an investment. He has $7,400 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0500 annually with the interest being paid quarterly. What will be the..

  What would be the new expected rate of return for ge stock

If the market risk premium drops by 150 basis points, what would be the new expected rate of return for GE stock?

  Expected returns of securities trading on the exchange

What effect, if any, would this tend to have on the price and expected returns of securities trading on the exchange?

  Identify one major challenges facing leaders

Identify one major challenges (global influence) facing leaders in the Purchasing and Supply Management field today .

  Nominal cost of preferred equity adjusted for flotation cost

An issue of preferred stock pays a $1.42 dividend each quarter, and is currently trading at $94 per share. Flotation costs are estimated to be $0.86 per share. The nominal cost of preferred equity (Rp) adjusted for flotation costs, is %.

  Estimate the total cost for the project

Assign the resources to the project tasks. Estimate the costs for the resources, and add the costs to the resource information in the Microsoft Project file.

  Firm long-term investment decisions

What role does the cost of capital play in the firm's long-term investment decisions?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd