The earnings per share.

Question

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Answer 1

Question

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

c)

Summary Introduction

To determine: The earnings per share after stock split.

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

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Students have asked these similar questions

Downie Foods recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $70 per share. If the firm's total market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price following the split?

Albany Motors recently completed a 3-for-1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150 per share. After the split, the total market value of the company's stock equaled $1.5 billion. What was the price of the company's stock following the stock split?

A company has just announced a 3-for-1 stock split,effective immediately. Prior to the split, the companyhad a market value of $5 billion with 100 millionshares outstanding. Assuming the split conveys no newinformation about the company, what are the value ofthe company, the number of shares outstanding, andthe price per share after the split? If the actual marketprice immediately following the split is $17.00 pershare, what does this tell us about market efficiency?

Answer 2

Question

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

c)

Summary Introduction

To determine: The earnings per share after stock split.

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

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Answer 3

Question

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

c)

Summary Introduction

To determine: The earnings per share after stock split.

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

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Answer 4

Question

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

c)

Summary Introduction

To determine: The earnings per share after stock split.

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

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Answer 5

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

c)

Summary Introduction

To determine: The earnings per share after stock split.

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

Answer 6

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

Answer 7

Chapter 13, Problem 13SP

a)

Summary Introduction

To determine: The earnings per share.

Answer 8

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

Answer 9

b)

Summary Introduction

To determine: The outstanding number of shares of common stock.

Answer 10

c)

Summary Introduction

To determine: The earnings per share after stock split.

Answer 11

c)

Summary Introduction

To determine: The earnings per share after stock split.

Answer 12

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

Answer 13

d)

Summary Introduction

To determine: The total earnings for the shares and earnings on the post-split of shares.

Answer 14

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

Answer 15

e)

Summary Introduction

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

Answer 16

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Answer 17

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Answer 18

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Answer 19

Ch. 13 - What is meant by the term dividend payout ratio?Ch. 13 - Prob. 2RQ Ch. 13 - Prob. 3RQ Ch. 13 - Prob. 4RQ Ch. 13 - Prob. 5RQ Ch. 13 - Prob. 6RQ Ch. 13 - Prob. 7RQ Ch. 13 - Prob. 8RQ Ch. 13 - Prob. 9RQ Ch. 13 - Prob. 10RQ

The earnings per share.

Solution Summary: The author explains how to determine the earnings per share, the outstanding number of shares of common stock, and the post-split earnings.

To determine: The earnings per share.

To determine: The outstanding number of shares of common stock.

To determine: The earnings per share after stock split.

To determine: The total earnings for the shares and earnings on the post-split of shares.

To determine: The explanation for it be better off financially as the holder of 100 shares of pre-split stock after the 3 for 1 split.

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Chapter 13 Solutions