On March 1, Florida Blue instituted a 5-for-2 stock split. Before the split, Florida Blue had 150 million shares with a price of $205 per share. a) How many shares were outstanding after the split? b) What was the post-split price per share?
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On March 1, Florida Blue instituted a 5-for-2 stock split. Before the split, Florida Blue had 150 million shares with a price of $205 per share.
a) How many shares were outstanding after the split?
b) What was the post-split price per share?
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- Nutritious Pet Food Companys board of directors declares a 2-for-1 stock split on June 30 when the stocks market value per share is $30. At that time, there are 10,000 shares of $1 par value common stock outstanding (none held in treasury). What is the new par value of the shares and how many shares are outstanding after the split? What is the total amount of equity before and after the split?On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split. At that time, its stock was selling for $50 per share. Question: After the split, how many shares of common stock are outstanding and what is their par value per share? Answer: After the split, the number of shares outstanding is and the par value per share isMarcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $280 per share before the stock split, what would be an approximate market price per share after the split? per share $
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- A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a. What will be the number of shares outstanding after the split?fill in the blank 6d98aa0e7fb202d_1 shares b. If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 6d98aa0e7fb202d_2 per share Question Content Area c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select -A 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_6A corporation that had 26,200 shares of common stock outstanding declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $175 per share before the stock split, what would be an approximate market price per share after the split? S per share c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. Debit Credit Account 019 RENTALS SCR... 10
- A corporation that had 28,000 shares of common stock outstanding declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $92 per share before the stock split, what would be an approximate market price per share after the split? per share c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. Debit Credit AccountBob’s Belts issued a 2 for 1 stock split. The balance in retained earnings at the time of the split was $45,000. There were 15,000 shares outstanding on the day of the split. The $1 par value stock had a market price of $17.25 on the day of the split. Total stockholders’ equity will increase (decrease) after the split by: Group of answer choices A)$4,500. b)$1,500. C)$25,875. D)$0. e)None of the aboveIn Year 1, VF Corporation split its stock two for one. On the day prior to the split, the stock sold for $238.40. What is the anticipated price of the stock when the split is effective? Round your answer to the nearest cent. $ On the day that the split was effective, VF stock closed at $119.70. What was the change in the price of the stock? Round your answer to the nearest cent. Use a minus sign to enter a negative value, if any. $