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Simmons Minerals Operations, Inc. (SMO) currently has 490,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:
a. SMO has a five-for-three stock split?
B. SMO has a 15 percent stock dividend?
C. SMO has a 42.5 percent stock dividend?
D. SMO has a four-for-seven reverse stock split? Determine the new number of shares outstanding in parts (a) through (d). Please show work.
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the treasurer of john loyde co. plans for the company to have a cash balance of 91000 on march 1. sales during march
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