Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

1) A firm has the items given below on its balance sheet:

Cash $20,000,000
Inventory 134,0000
Notes payable to bank 31,500,000
Common Stock ($10 par; 1,000,000 shares outstanding) 10,000,000
Retained earnings 98,500,000

describe how each of these accounts would appear after following:

i) Cash dividend of $1 per share
ii) 10 percent stock dividend (fair market value of stock is $13 per share)
iii) A 3-for-1 stock split
iv) A 1-for-2 reverse stock split

2) Company whose stock is selling for $60 has the balance sheet which is given below:

Assets: $30,000,000
Liabilities: 14,000,000
Preferred Stock: 1,000,000
Common Stock ($12 par; 100,000 shares outstanding): 1,200,000
Paid-In-Capital: 1,800,000
Retained Earnings: 12,000,000

a) Create a latest balance sheet illustrating effects of a 3-for-1 stock split. Determine the new price of the stock?

b) Create a latest balance sheet illustrating effects of a 10 percent stock dividend. Determine the approximate new price of stock?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M914036

Have any Question? 


Related Questions in Basic Finance

In the presence process arsine and trimethylgallium vapors

In the presence process, arsine and trimethylgallium vapors are diluted in hydrogen gas and fed to the horizontal CVD reactor shown in Figure 30.2. The composition of arsine and trimethylgallium in the feed gas are both ...

1 define the following termsa mergerb consolidationc

1. Define the following terms: a. Merger b. Consolidation c. Holding company 2. Describe some of the measures used by companies to discourage unfriendly takeover attempts. 3. What is the difference between an asset purch ...

A recent survey at a major corporation found that employees

A recent survey at a major corporation found that employees who regularly participated in the company fitness program tended to have fewer sick days than employees who did not participate. However, because the study was ...

You are trying to predict how long a relationship will last

You are trying to predict how long a relationship will last (TIME) based on scores of social compatibility (COMP; how much they like doing the same things, have the same hobbies etc) and how physically attracted the pers ...

A 4775 kg crate slides down a 5313 slope inclined plane

A 47.75 kg crate slides down a 53.13* slope (inclined plane) that is 36.00 m in length and has a kinetic friction coefficient of 0.444.   The create is given a downward speed of only 4.5 m/s as it starts down from the to ...

Several thin sheets of naphthalene 025 cm thick and 10 cm

Several thin sheets of naphthalene, 0.25 cm thick and 10 cm square, are arranged parallel to each other with their centers at 1-cm intervals. Air at 273 K and 1:013 × 10 5 Pa enters this sandwich arrangement with a bulk ...

The text discusses the trade-off between internal and

The text discusses the trade-off between internal and external validity, known as the experimenters dilemma. Speculate on things a researcher can do to increase internal and external validity simultaneously, thereby desi ...

1 compare and contrast manufacturing and geographic

1. Compare and contrast manufacturing and geographic postponement. 2. Define and illustrate cash-to-cash conversion, dwell time minimization, and cash spin. How do supply chain strategy and structure impact each? 3. Disc ...

1 what three rules govern the construction of a grouped

1. What three rules govern the construction of a grouped frequency distribution? 2. What is the difference between a histogram and a bar graph? 3. Distinguish among the median, mode, and mean.

Compare and contrast the effects of dividends vs stock

Compare and contrast the effects of dividends vs. stock repurchases, the pros and cons of each, and how the managers decide between the two.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro