What was last year dividend per share

Assignment Help Accounting Basics
Reference no: EM131525309

Question: 1. Gamma Medical's stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect on the total market value of its equity, what will be the company's stock price following the stock split?

2. After a 5-for-1 stock split, the Strasburg Company paid a dividend of $0.75 per new share, which represents a 9 percent increase over last year's pre-split dividend. What was last year's dividend per share?

Reference no: EM131525309

Questions Cloud

Disadvantages of using traditional predictors : Determine three (3) advantages and three (3) disadvantages of using traditional predictors (e.g., resume-bio presentations, interviews, reference checks, etc.)
How the court will determine the ownership of the house : Explain how the court will determine the ownership of the house, farmland, and business based on New Mexico law
Discuss the residual distribution model : Axel Telecommunications has a target capital structure that consists of 70 percent debt and 30 percent equity. The company anticipates that its capital budget.
Create a personal and household investment plan : Develop a personal and household investment plan. What investment strategies will you use to improve your financial situation?
What was last year dividend per share : Gamma Medical's stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming that the stock split will have no effect.
Develop measures of performance for an hr assistant : Develop measures of performance for an HR Assistant/Junior HR Analyst position
Create a graphic organizer : Create a graphic organizer that outlines information for all 13 categories of disability under the Individuals with Disabilities Education Act (IDEA).
How much external equity must northern pacific seek : Northern Pacific Heating and Cooling Inc. has a 6-month backlog of orders for its patented solar heating system.
What effect would an increase in the prime rate : What effect would an increase in the prime rate to 4.25% for the entire year have on Matthews's EBR calculated in part (a)?

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