Goodnight Films has 50,000 shares of stock outstanding with a par value of $.70 per share and a market price of $12.64 per share. The balance sheet shows $370,000 in the capital in excess of par value account, and $695,000 in the retained earnings account. The company just announced a stock split of 3-for-1. What will be the balance in the capital in excess of par account value after the split?   Group of answer choices   $123,333   $176,190   $370,000   $411,111   $246,667

The balance sheet for Tempest, Inc., is shown here in market value terms. There are 29,000 shares of stock outstanding. Market Value Balance Sheet Cash Fixed assets $156,000 560,010 Equity $716,010 Total $ 716,010 Total $716,010 The compay has announced it is going to repurchase $49,300 worth of stock instead of paying a dividend of $1.70. a. What effect will this transaction have on the equity of the firm? (Input the answer as positive value. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. How many shares will be outstanding after the repurchase? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. What will the price per share be after the repurchase? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. The transaction will b. New shares outstanding c. Share price shareholders' equity by

Help

2. Book Co. has 1.5 million shares of common equity with a par​ (book) value of $1.15​, retained earnings of $29.9 ​million, and its shares have a market value of $50.88 per share. It also has debt with a par value of $18.2 million that is trading at 102% of par. a. What is the market value of its​ equity? b. What is the market value of its​ debt? c. What weights should it use in computing its​ WACC? **round to two decimal places**