What impact does Jinpain share split

Assignment Help Accounting Basics
Reference no: EM132600223

Question - The following note related to equity was reported in Jinpain International's (CHN) annual report. On February 1, the Board of Directors declared a 2-for-1 share split, distributed on February 25 to shareholders of record on February 10. Accordingly, all numbers of common (ordinary) shares, except unissued shares and treasury shares, and all per share data have been restated to reflect this share split.

Instructions -

a. What is the significance of the date of record and the date of distribution?

b. Why might Jinpain have declared a 2-for-1 for share split?

c. What impact does Jinpain's share split have on (1) total equity, (2) total par value, (3) outstanding shares, and (4) book value per share?

Reference no: EM132600223

Questions Cloud

Calculate the most you should pay for this ordinary annuity : The appropriate discount rate is 8%, calculate the most you should pay for this ordinary annuity
Tech giants tighten grip on internet economy : This need to be answer from the article use the link. It's at the end. Facebook, Amazon and Other Tech Giants Tighten Grip on Internet Economy
Discuss what is whistle blowing : Which is NOT necessary for fair working conditions? Which are NOT concerns to anyone working in the United States? What is "whistle blowing?"
Analyze the organizational buyer behavior : Analyze the Organizational Buyer Behavior and discuss the influence of organizational buyer segments on marketing strategy.Provide your explanations
What impact does Jinpain share split : What impact does Jinpain's share split have on (1) total equity, (2) total par value, (3) outstanding shares, and (4) book value per share
What is the deductible amount of moving expenses : What is the deductible amount of moving expenses that Diane can claim in her personl income tax return for the year of the move
Discuss the consequences of such a policy to us consumers : If U.S. companies should not be liable, then they could be legally exempt from tort liability. Discuss the consequences of such a policy to U.S. consumers.
Which do believe present greatest threat to civil society : Which do you believe presents the greatest threat to civil society: a corporation that commits crimes (e.g., murder, environmental crimes, or bribery)
How much should be recognized as the cost of the new machine : Cash allowance granted because the new machine proved to be of inferior quality - P100,000. How much should be recognized as the cost of the new machine

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