What are the number of shares after two-for-one stock split

Reference no: EM131522047

Question: Refer to the situation described in BE10-11, but assume a 2-for-1 stock split instead of the 100% stock dividend. Explain why Sandals did not record a 2-for-1 stock split. What are the number of shares, par value per share, and market price per share immediately after the 2-for-1 stock split?

BE10-11: On June 30, the board of directors of Sandals, Inc., declares a 100% stock dividend on its 20,000, $1 par, common shares. The market price of Sandals common stock is $25 on June 30. Record the stock dividend.

Reference no: EM131522047

Questions Cloud

Examples of green initiatives for covington : What are examples of green initiatives for Covington, Georgia. List some recommendations to Covington

Will the actual realized yields be equal to expected yields : Pelzer Printing Inc. has bonds outstanding with 9 years left to maturity. Will the actual realized yields be equal to expected yields if interest rates changr.

Discuss the total stockholders equity : Indicate whether each of the following transactions increases ( +), decreases ( -), or has no effect (NE) on total assets, total liabilities.

Determine the severity of copd : Pulmologist (lung/breathing physicians) do some testing and a sleep study to determine the severity of copd.

What are the number of shares after two-for-one stock split : Refer to the situation described in BE10-11, but assume a 2-for-1 stock split instead of the 100% stock dividend. Explain why Sandals did not record.

A group of principles requiring that people prevent harm : A group of principles requiring that people prevent harm, provide benefits, and balance benefits against risks and costs.

What changes can the company expect in the future : What changes can the company/brand expect in the future? How can the company/brand better serve its customers?

Favorite restaurant and eating your favorite meal : You are dining at your favorite restaurant and eating your favorite meal when you start to think about the digestion process (sorry to ruin your meal).

Record transactions on appropriate dates for cash dividends : Divine Apparel has 3,000 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to stockholders of record on October.

User Account

All Pages