User Account

All Pages

What is the new par value per share

Assignment Help Financial Accounting
Reference no: EM131155066

The owners' equity accounts for Freya International are shown here.

Common stock ($.80 par value) $ 25,000

Capital surplus 370,000

Retained earnings 808,120

Total owners' equity $ 1,203,120

a-1 If Freya declares a four-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-five 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.)

Reference no: EM131155066

Questions Cloud

Write an expression for the relationship between jca and jcl : Find the relationship between voltage across the membrane and the concentration of CaCl2 before equilibrium is reached.
What is the most powerful stakeholder groups : What is the most powerful stakeholder groups in the banking industry today? Why?
Complete a timeline of the earth which is to a linear scale : For this assignment you must complete a timeline of the Earth which is to a single, linear scale, covers the time from the formation of the Earth until today, and is at least 10 feet (3 meters) long.
Briefly define and draw an example of a solenoidal field : Briefly define and draw an example of a solenoidal field - Draw an example of a field that is neither irrotational nor solenbidal.
What is the new par value per share : The owners' equity accounts for Freya International are shown here.- how many shares are outstanding now?- What is the new par value per share? -
Build a fleet of submarines for the sri lankan navy : ROC Engineering, a Chinese shipbuilding company, agrees to build a fleet of submarines for the Sri Lankan navy, for which it will be paid in Sri Lankan currency. As per the agreement, ROC must also spend a substantial amount of the money it genera..
Will crime ever be eliminated according to the conflict : Will crime ever be eliminated according to the conflict perspective? Why or why not? Do you personally think that the social conflict theory has merit? What other underlying reasons contribute to criminality respective to socioeconomic factors
Are cultural factors really considered in justice process : Is dropping out of school a personal choice or do kids drop out because of societal/peer influence? Are cultural factors really considered in our justice process
What is the minimum refractory period : What is the minimum refractory period? If the second pulse is applied before the minimum refractory period, how much larger is the stimulus magnitude that is needed to generate an action potential?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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