A corporation has 43,671 shares of $32 par stock outstanding that has a current market value of $300 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately
Q: A corporation has 50,000 shares of $25 par stock outstanding that has a current market value of…
A: Par value of the stock after the split = Par value of the stock before the split x split ratio
Q: A corporation has 50,000 shares of $100 par value stock outstanding that has a current market value…
A: 4-for-1 stock split means that every shareholder will have 4 shares for each share held before. The…
Q: NEKO Inc., a corporation that issues ordinary shares with par value, completed a 2-for-1 stock split…
A: New par value per share = Current par value per share x 1/ stock split ratio where, Current par…
Q: Nevada Corporation has 61,500 shares of $22 par stock outstanding that has a current market value of…
A: In this case, the company issues a 5-for-1 stock split which indicates that one share split into 5…
Q: Nevada Corporation has 68,200 shares of $25 par stock outstanding that has a current market value of…
A: A stock split is a method of increasing the number of outstanding shares by decreasing the per-share…
Q: A corporation, which had 24,100 shares of common stock outstanding, declared a 5-for-1 stock split.…
A: Stock split is one of the method in which one share of the company is divided or split into multiple…
Q: If a corporation issues 6,000 shares of $5 par value common stock for 89,000 the journal entry would…
A: Total par value of Common Stock = No. of Common Stock issued x par value per share = 6000 x $5 =…
Q: A corporation with both preferred stock and common stock outstanding has a substantial credit…
A: Common stock: These are the ordinary shares that a corporation issues to the investors in order to…
Q: A corporation purchases 4,608 shares of its own $7 par common stock for $29 per share, recording it…
A: Whenever a corporation purchases some of its outstanding stock from its shareholders and does not…
Q: the total number of outstanding shares of West Corporation amounts to?
A: Given information is: If West Corporation has 80,000 ordinary shares authorized, has 50,000 ordinary…
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A: EPS means net earnings on a single share. Firm use equity funds to generate a profit. EPS show how…
Q: If a corporation issues 1,000 shares of $1 par value common stock for $12,000, the journalentry…
A: Stock: It refers to a security issued in a form of certificate. It implies the right of ownership of…
Q: The board of directors of Sizzy Company, whose USD50 par value share capital is currently trading at…
A: Calculation of percentage of share dividend are as follows.
Q: A corporation has 48,602 shares of $21 par stock outstanding that has a current market value of $372…
A: Lets understand the basics. Stock split is a spliting one share in more than one shares. For Ex.…
Q: A corporation has 65,539 shares of $18 par value stock outstanding that has a current market value…
A: Formulas: Out standing share = Number of shares * Split ratio
Q: Inc., a corporation that issues ordinary shares with par value, completed a 2-for-1 stock split on a…
A: New Par Value = Existing Par Value * (1/stock split ratio) = 175 * (1/2) = 87.5 New par value is…
Q: If a corporation issues 6,000 shares of $5 par value common stock for $89,000, the journal entry…
A: Total par value of Common Stock = No. of Common Stock issued x par value per share = 6000 x $5 =…
Q: A corporation reacquires 60,000 shares of its own $10 par common stock for $3,000,000, recording it…
A: Authorized shares are the maximum number of shares a company is allowed to issue to shareholders as…
Q: A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150…
A: Market value per share after split off = Market value per share befoer split off x Split ratio
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A: The total dividends would be first apportioned to preference shareholders and any remaining amount…
Q: Saturn Corporation has 19,000 shares of 10%, $76 par noncumulative preferred stock outstanding and…
A: Dividend is defined as the distribution of some of the earnings of the company to the class of its…
Q: On February 1, a corporation has 40,000 shares of $1 par value common stock issued and outstanding.…
A: No. of shares after stock split = No. of shares before stock split x split ratio = 40000 shares x…
Q: A corporation has 800,000 ordinary shares outstanding, Recently, the corporation bought 100,000…
A: Treasury stock is nothing but previously outstanding stock which is bought back by the issuing…
Q: A corporation has 100,000 shares of 4% preferred stock outstanding. Also, thereare 100,000 shares of…
A: Given information is: A corporation has 100,000 shares of 4% preferred stock outstanding. Also,…
Q: Nevada Corporation has 30,000 shares of $25 par stock outstanding that has a current market value of…
A: Under stock split the shareholders of the shares are issued shares more than they currently hold…
Q: (a) On January 31, the board of directors issues a requirement to purchase 5,000 shares of its…
A: Particulars Debit Credit a Jan 31 Treasury Stock 110000 Cash (5000*22)…
Q: Nevada corporation has 49,801 shares of $28 par stock outstanding that has a current market value of…
A: Number of shares outstanding before stock split = 49,801 shares Shares has been split for 5-for-1.…
Q: Nevada corporation has 52,128 shares of $21 par stock outstanding that has a current market value of…
A: Given information, Number of shares =52,128 shares Par value =$21 Current market value =$207 5-for-1…
Q: Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently…
A: Share price: Share price is the current market price of the share. It is the price of the share at…
Q: Bulldogs Inc., a corporation that can only legally issue ordinary shares with par value, recently…
A: New par value per share = Current par value per share x 1/ stock split ratio where, Current par…
Q: A corporation with both preferred stock and common stock outstanding has a substantial credit…
A: Dividend is the payment made to the shareholders as a return on the money invested by them in the…
Q: A corporation has 10,000 shares of 7%, $50 par preferred stock outstanding and 130,000 shares of…
A: Annual Dividend to Preferred shareholders = No. of preferred share outstanding x Par value per share…
Q: (a) Assume that the preferred are noncumulative. How much dividend will the preferred stockholders…
A: Solution are as follows
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A: Following is the answer to given question
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A: Requirement 1:Prepare journal entries to record the declaration and payment of these stock and cash…
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A: Introduction: Stock split: Its splitting of face value. After stock split the number of outstanding…
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A: Number of shares outstanding are computed by deducting the number of shares reacquired from total…
Q: A corporation has 71,868 shares of $36 par stock outstanding that has a current market value of $312…
A: Market value of the stock after stock split = Market value of the stock before stock split x stock…
Q: A corporation has 10,000 shares of 7%, $50 par preferred stock outstanding and 130,000 shares of…
A: Formula : Preferred dividend = Number of shares outstanding x Preferred dividend rate x Par value.
Q: 7. A corporation reacquires 60,000 shares of its own $10 par common stock for $3,000,000, recording…
A: Answer to Question 7 Entry for Re-Acquisition of Stock PARTICULAR DEBIT CREDIT…
Q: A corporation has 10,000 shares of 100 par stock outstanding. If the corporation issues a five for…
A: Beginning Shares = 10,000 Each stock is split into 5 shares. Means, 10,000*5 = 50,000 shares
Q: Nevada Corporation has 53,200 shares of $18 par stock outstanding that has a current market value of…
A: Nevada corporation has 53,200 shares Corporation issues a 5 for 1 split, the no. of shares…
Q: In September, the board of directors of chaparral steel approved a 2 for 1 stock split. After the…
A: in a 2-for-1 stock split, an additional share is given for each share held by a shareholder.
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A: The dividend can be paid by the business in various forms as cash or stock dividend. The stock split…
A corporation has 43,671 shares of $32 par stock outstanding that has a current market value of $300 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately
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- A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will beSoFi Technologies Inc. (SOFI) currently has 13 million shares of common stock outstanding and is selling for $215 a share. The company is planning to conduct a 5-for-1 stock split. If SOFI declares a 5-for-1 stock split, what will the price of the company’s stock be after the split—assuming that the total value of the firm’s stock remains the same before and after the split? How many shares of SOFI will be outstanding? Now imagine of instead of performing a stock split, SOFI decides to pay a stock dividend. If SOFI declares a 5.5% stock dividend, how many shares will the firm issue to existing shareholders? Now, in lieu of conducting a stock split or declaring a stock dividend, SOFI decides to buyback 1,500,000 shares of stock at market price. How much cash will it take to perform this buyback? Using the same information as Question #4, if SOFI performs the buyback, what should the new market share price be assuming the total value of the company hasn't changed? Round answer to…Your corporation currently has 200,000 shares of stock outstanding that sells for $50.00 per share. What will be the amount of shares outstanding and the share price after the reverse stock split. Please show your calculations in the space provided.Your corporation declared a three-for-six reverse stock split.
- A corporation, which had 37,300 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 7511bf07efebf9c_1 shares b. If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 7511bf07efebf9c_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. blank - Select - - Select - - Select - - Select -A corporation has 65,539 shares of $18 par value stock outstanding that has a current market value of $225 per share. If the corporation issues a 5-for-1 stock split, determine the number of shares outstanding. Select the correct answer. -13,108 -65,539 -327,695 -589,851Nevada Corporation has 61,500 shares of $22 par stock outstanding that has a current market value of $191. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be
- Your corporation currently has 200,000 shares of stock outstanding that sells for $50.00 per share. What will be the amount of shares outstanding and the share price after the stock split. Please show your calculations in the space provided.Your corporation has declared a five- for-four stock split.Nevada Corporation has 46,423 shares of $30 par stock outstanding that has a current market value of $210 per share. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will beA corporation, which had 24,900 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 53e95dfc6067fb6_1 shares b. If the common stock had a market price of $150 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 53e95dfc6067fb6_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. No Entry fill in the blank 58010d03701507a_2 fill in the blank 58010d03701507a_3 No Entry fill in the blank 58010d03701507a_5 fill in the blank 58010d03701507a_6
- Suppose a corporation has the following shares outstanding: 1. $800,000 in 6% Preferred Stock ($100 par value) 2. $3,200,000 in Common Stock ($10 par value) No dividends were declared for the years 2020 and 2021. Two scenarios are presented below and each is independent of each other. Scenario 1: As of December 31, 2022, a dividend of $250,000 is declared. Indicate the amount that the preferred shareholders will receive if the share is cumulative and non-participating (cumulative and non-participating). Answer: Scenario 2: As of December 31, 2022, a dividend of $800,000 is declared. Indicate the amount that the preferred shareholders will receive if the share is cumulative and non-participating up to 11% in total (cumulative and non-participating). Answer:XYZ Company has 30,000 shares of $3 par common stock outstanding, which are currently trading at $150 per share. If the company declares a 2-for-1 stock split, what is the new number of shares outstanding and the new market price?Weiland, Incorporated, has 440, 000 shares outstanding that sell for $94 per share. The company plans a 6-for-1 stock split. How many shares will be outstanding after the split?