Problemedies health and beauty supply has 125000 shares of, Ask an Expert

Finance

Problem:

Edie's Health and Beauty Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share. The company has retained earnings of $76,500 and capital in excess of par of $340,000. The company just announced a 1-for-5 reverse stock split.

Required:

Question 1: What will the par value per share be after the split?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148355

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