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Question - Effect of Stock Split - Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 57,000 shares of common stock outstanding, declared a 4-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 $228 per share before the stock split, what would be an approximate market price per share after the split?
Determine the employer's payroll tax expense for the month, using the following rates: FICA 8%, state unemployment 5.4%, federal unemployment 0.8%.
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The payments will be made on December 31 of each year, beginning on December 31, 2012. If the current interest rate is 6.5%, determine the present value of your winnings.
Monthly loan payment deducted directly by the bank from the account (includes $320 in interest) (3320)
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