Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 35,000 shares of common stock outstanding, declared a 3-for-1 stock split. a.  What will be the number of shares outstanding after the split?

Q: Robinson's has 45,000 shares of stock outstanding with a par value of $1 per share and a market…

A: The stock split means the company splits its existing number of shares into more shares. The…

Q: On March 1, Florida Blue instituted a 5-for-2 stock split. Before the split, Florida Blue had 150…

A: The share split is a type of corporate event in which the larger value of stock is split into…

Q: eoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…

A: Number of shares outstanding after the split=Common stock outstanding×Split Ratio Approximate market…

Q: Compute the value of a share of Fellows Company stock using the price-earnings multiples method

A: Value of share by Price earnings ratio = P/E ratio * Earnings per share

Q: Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split.…

A: A stock split refers splitting or dividing a single stock into multiple stocks. The face value and…

Q: Nemesis, Incorporated, has 136,000 shares of stock outstanding. Each share is worth $110, so the…

A: Right shares are issued to the existing shareholders to raise money for growth and expansion of the…

Q: Effect of Stock Split Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants…

A: Stock split is the process of splitting the existing stock into more stock. This is generally done…

Q: Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…

A: A Stock Split is a corporate action where shares are consolidated into a higher number of shares,…

Q: Dartmouth Discount Marketing Corporation (DDM) currently has 4,000,000 shares outstanding. The…

A: In the given question we are required to calculate the New number of shares and share price in the…

Q: oman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…

A: Solution a: Number of shares outstanding after the split = Number of shares * 4 = 45000* 4 = 180,000…

Q: In Year 1, VF Corporation split its stock two for one. On the day prior to the split, the stock sold…

A: Stock Split: It represents the increase in the outstanding shares of a company for the purpose of…

Q: The shareholders of Bread Company have voted in favor of a buyout offer from Butter Corporation.…

A:

Q: In Year 1, VF Corporation split its stock four for one. On the day prior to the split, the stock…

A: Anticipated price of the stock when the split is effective is calculated using following equation…

Q: Companies sometimes consider stock splits to bring down the price so that the stock attracts more…

A: The stock split refers to dividing the existing number of shares into more shares. The stock split…

Q: Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per share.…

A: Shares Outstanding = 2,500,000 Share Price = RM45 per share

Q: Your company is finally ready to sell its shares to the public. The manager of your company decided…

A: An investment bank is a company that provides financial services and acts as an intermediary in…

Q: A company is undertaking a 2-for-1 stock split.  Which of the following is most likely to be true?

A: Answer: The correct answer is option (a). The shareholder value will double after the split.

Q: Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…

A: The stock split is a method of decreasing the par value of the stock by increasing the number of…

Q: West Wind, Inc. has 4,900,000 shares of common stock outstanding with a market value of $75 per…

A: Earnings per share is calculated using following equation Earnings per share  = Net income / Number…

Q: An investor is deciding whether to purchase 5,000 ABC Inc. shares which has an EPS ratio of P75. He…

A: Price which the investor should pay should be the price as per the PE ratio of the industry minus…

Q: SoFi Technologies Inc. (SOFI) currently has 13 million shares of common stock outstanding and is…

A: Before split-Total share o/s= 13 millionStock price = $ 215After 5-for-1 Stock Split:New Shares…

Q: MyTel Corp, an Internet service provider, has prospered during the past seven years, and recently…

A: Stock Split :In stock split, the shareholders receive additional shares based on the split ratio,…

Q: Shell Inc. is having a stock split. The current price is $57 per share, and you own 500 shares. The…

A: Stock split involves giving more equity for lessor.

Q: Your corporation currently has 200,000 shares of stock outstanding that sells for $50.00 per share.…

A: Number of shares before split = 200,000 Price per share before split = $ 50 Split ratio = five-…

Q: Weiland, Incorporated, has 440, 000 shares outstanding that sell for $94 per share. The company…

A: A stock split is a corporate action that the company undertakes which increases the number of shares…

Q: 4. Eaton Corporation just completed an IPO (Initial Public Offering) in which its common stock sold…

A: according to gordon constant  growth formula: price = D1r-gwhere,D1= DIVIDEND NEXT YEARr = rate of…

Q: Audrey’s Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Northwest.…

A: The company can pay the dividend as cash or in the firm of stock split.

Q: West Wind, Inc. has 4,700,000 shares of common stock outstanding with a market value of $60 per…

A: given data  no of common shares outstanding = 4,700,000 market value 60 per share expected net…

Q: Montedosa Corporation has 400,000 shares of common stock outstanding, a P/E ratio of 8, and P500,000…

A: Spliting of share is that under which board of the director will increase or decrease the no. share…

Q: for-2 stock split. What will the market price per share be after the split? (Do not use the…

A: Stock Split: A stock split for a company increases the number of shares, however, the price of…

Q: Consider the case of Tobotics Inc.: Tobotics Inc. currently has 20,000 shares of common stock…

A: The stock split refers to dividing the existing number of shares into more shares. The stock split…

Q: Emergency Medical's stock trades at $140 a share. The company is contemplating a 3-for-2 stock…

A: Given: Current price = $140 Stock split = 3 for 2

Q: The board of directors of Smith Brothers is planning an initial public offering. Management is…

A: PE ratio is a ratio measure which measures the relationship between EPS and current share price or…

Q: Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now…

A: The share price is the current market price of the share. It is the price of the share at any…

Q: Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the…

A: Number of shares outstanding after split = Number of shares outstanding before split x Split ratio

Q: Simon and Simon, makers of cell phones, has a history of paying a dividend of $1 per share to their…

A: Share price is the sum of future cashflows. So, When dividends are paid, the share price falls.…

Q: IMM stock on 11/1 traded at $10. On that day, the company announced an acquisition of a small…

A: Beta of a stock is used to determine its volatility with respect to the market. A stock which is as…

Q: The board of Wicker Home Health​ Care, Inc., is exploring ways to expand the number of shares…

A: GivenEarnings per share is $3.70price per share is $40Dividend per share is $1.44

Q: In Year 1, VF Corporation split its stock four for one. On the day prior to the split, the stock…

A: Information Provided; Stock split = Four for one Stock sold for (prior) = $253 Stock price closed =…

Q: A company with 825,000 shares outstanding sells for $120 per share announced a 5-for-6 reverse stock…

A: Current stock price = $120 Shares outstanding = 825000 5 for 6 reverse stock split implies for every…