What would be an approximate market price per share

Assignment Help Accounting Basics

Reference no: EM132708472

Question - A corporation, which had 39,400 shares of common stock outstanding, declared a 3-for-1 stock split.

Required -

(a) What will be the number of shares outstanding after the split?

(b) If the common stock had a market price of $57 per share before the stock split, what would be an approximate market price per share after the split?

Reference no: EM132708472

Questions Cloud

What are some best practices for implementing a cirt plan : Discuss why a computer incident response team (CIRT) plan is needed, and its purpose. What are some best practices for implementing a CIRT plan?

Make statement of profit or loss : Make statement of profit or loss and other comprehensive income for the period ended year 2018 in the correct format. Assume the tax rate is 30%

Identifies specific knowledge and theories from the course : Provide a reflection of at least 500 words (or 2 pages double-spaced) of how the knowledge, skills, or theories of this course have been applied or could be.

Activity of performing work for others : Goods and services are often pronounced in the same breath. These are offered by the companies to the customers to provide utility and satisfy their wants.

What would be an approximate market price per share : If the common stock had a market price of $57 per share before the stock split, what would be an approximate market price per share after the split

CASE STUDY for Strategy - OMANAIR : Topic is about airline OMANAIR - CASE STUDY for Strategy

Analyzing asymmetric and symmetric encryption : In the second milestone writing assignment, you will analyze asymmetric and symmetric encryption. Evaluate the differences between the two of them and which.

Design technical solution to reduce security vulnerabilities : Security practitioners suggest that key IoT security steps include: Make people aware that there is a threat to security; Design a technical solution to reduce.

Demonstrate how the given course research has connected : At UC, it is a priority that students are provided with strong educational programs and courses that allow them to be servant-leaders in their disciplines.

User Account

All Pages