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Question: Bermuda Triangle Corporation (BTC) currently has 310,000 shares of stock outstanding that sell for $94 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.)

a. BTC has a five-for-three stock split. Price per share $ Shares outstanding

b. BTC has a 11 percent stock dividend. Price per share $ Shares outstanding

c. BTC has a 39.0 percent stock dividend. Price per share $ Shares outstanding

d. BTC has a four-for-seven reverse stock split. Price per share $ Shares outstanding

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Category:- Basic Finance
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