(Answered) West wind inc has 5000000 shares of common stock

Finance

West Wind Inc has 5,000,000 shares of common stock outstanding with a market value of 60$ a share. Net income for the coming year is expected to be 6, 900, 000. what impact will a three for one stock split have on the earnings per share and on the price of stocks?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92766944
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Sidney took a cash advance of 300 by using checks linked to

Sidney took a cash advance of $300 by using checks linked to her credit card account. The bank charges a cash advance fee of 4 percent on the amount borrowed and offers no grace period on cash advances. Sidney paid the b ...

What is the effective annual rate of a savings account that

What is the effective annual rate of a savings account that pays an APR of 3% and compounds quarterly? Answer in percent and round to two decimal places.

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

A corporate bond is currently selling for 840 it has 5

A corporate bond is currently selling for $840. It has 5 years till maturity, 6% coupon, and YTM=10%. What is the par value?

Question - four days ago you entered into a futures

Question - Four days ago you entered into a futures contract to sell €125,000 at $1.41 per euro. The spot exchange rate when you entered the contract was $1.37. Your initial performance bond was $7,300 and your maintenan ...

Cost of capital problem - wacc paramount roofing inc went

COST OF CAPITAL Problem - WACC Paramount Roofing Inc. went public by issuing 1 million shares of common stock at $50 per share. The shares are currently trading at $64 per share. Current risk-free rate is 5.2%, and marke ...

Consider the procedure whereby the firm states a series of

Consider the procedure whereby the firm states a series of prices at which it is prepared to repurchase stock. Shareholders then submit offers indicting how many shares they wish to sell and at which price. The firm then ...

If you deposit 970 every year for the next 6 years with

If you deposit $970 every year for the next 6 years, with first deposit to be made today and all deposits to be made at the beginning of every year, in an account that pays 8.01% APR with annual compounding, how much is ...

What are the ways that it can help comply with legal

What are the ways that IT can help comply with legal requirements and social responsibilities surrounding the sales of alcohol?

What are the differences between a cash budget and an

What are the differences between a cash budget and an operating budget and Why might both be important to a small business?

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

Recent Questions

Ask Basic Finance Expert