aa.1   Auto Supply has 54,200 shares of stock outstanding with a par value of $1.00 per share and a market value of $ 6.20 a share. The company just announced a two-for-nine reverse stock split. What will be the par value per share after the split? Multiple Choice $ .22 $ 2.50 $ 4.50 $ .44 $ 1.00

Q: Wellington Jumbo Crab's stock currently sells for $70 per share with 1 million shares outstanding.…

A: Issue of shares is one of the important source of financing being used by the business. It can be…

Q: Halveston Aeronautics, with 140,000 common shares outstanding, declared a dividend of Dollar…

A: The dividend yield is a financial ratio that measures the ratio of dividends paid with respect to…

Q: Outstanding Shares Pearce & Company has 4 million shares of $4 par value common stock…

A: Stock Split - Stock Split is increasing the number of shares according to the split declared for eg.…

Q: am. 155.

A: Given data before any stock split:Common stock ($.60 par value): $37,500Capital surplus:…

Q: Bramble Corporation has 31,000 shares of $10 par value common stock outstanding when it announces a…

A: Market price per share after split = Total market value before stock split x 1/ split ratio

Q: ABC company has a price-earnings ratio of 8.0 and has 3,000 preferred stock with a dividend of $3…

A: Earnings per share refer to the amount earned on each share. Higher EPS is preferable by investors.…

Q: DRK, Incorporated, has just sold 140,000 shares in an initial public offering. The underwriter's…

A: Shares sold/issued = N = 140,000Explicit fees = 84,000Offering price = 54 per shareChange in share…

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: Cost of Preferred Stock with Flotation Costs  Burnwood Tech plans to issue some $50 par preferred…

A: The cost of preferred stock is the rate of return that a company must offer to its preferred…

Q: Auto Supply has 54,200 shares of stock outstanding with a par value of $1.00 per share and a market…

A: Initial Shares Outstanding: 54,200 shares Par Value per Share (Before Split): $1.00  Market Value…

Q: Nguyen & Nguyen is an all-equity firm that has $14 per share in cash and a book value per share of…

A: Net Asset Value (NAV) or Net Book Value is a key concept in accounting and finance. It's calculated…

Q: A stockbroker placed the following order for a customer. .50 shares of Kaiser Aluminum at $104 a…

A: The weighted arthmetic, mean price per share  is $ 46.51

Q: Many OPTIONS 10,000 shares of the ordinary stock of the Travis Company have a P10 par value. The…

A: The stock split is a method of increasing the number of outstanding shares and decreasing the market…

Q: Cost of Preferred Stock with Flotation Costs Burnwood Tech plans to issue some $80 par preferred…

A: Annual dividend (D) = Par value * Coupon rate = $80 * 0.07 = $5.60 Market value of stock (P0) = $95…

Q: Suppose you own 5,000 common shares of Laurence Incorporated. The EPS is $9.00, the DPS is $5.00,…

A: a) No. of shares after stock split = Existing shares * 2/1

Q: CBA Inc. has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The…

A: Solution:Stock dividend means payment of dividend shareholders in form of shares.

Q: You took a short position on 200 shares at $54. You have equity of $10,500. Assets Liabilities and…

A: Initial Margin is the equity amount the investor has to deposit as a security for the short sell

Q: 3- XYZ Corp. decides on a 5 for 1 split of its stock. You own 35 shares on the day of the split. The…

A: Shares owned after split = Shares owned before split * Stock split ratio

Q: Suppose you own 5,000 common s of Laurence Incorporated. The EPS $8.00, the DPS is $5.00, and the st…

A: companies to split the stock so that after stock split there are large number of shares and prices…

Q: Wellington Jumbo Crab's stock currently sells for $100 per share. Last week the firm issued rights…

A: Given:Stock price = $100 per shareSubscription price = $20 per shareNumber of rights = 3

Q: Blitz Corp. had total sales of $2,930,000 last year and has 104,000 shares of stock outstanding. The…

A: The Price-to-Sales ratio (PS) is calculated by dividing the market capitalization (stock price…

Q: profile-image Klieman Company’s perpetual preferred stock sells for $86 per share and pays a $10…

A: Annual dividend (D) = $10 Current price (P0) = $86 Flotation cost (F) = 0.054   Cost of preferred…

Q: On 30 April, CBA declares a 4:1 share split. If you had 2 million shares each worth $40 before the…

A: A share split is a process of dividing one share issued into multiple shares. The number of shares…

Q: If dividends in arrears are $1,500,000 preferred stock redemption value of 60,000, and 2,400…

A: The book value of any stock is the value of the stock recorded in the books of the organization. It…

Q: me you purchased 420 shares of XYZ common stock on r wwed from the broker is Multiple Choice $5,998…

A: In this we have to determine the price of share than calculate the margin.

Q: On January 1, you sold short two round lots (.e.. 200 shares) of Four Sisters stock at $52 per…

A: When a seller has a short position, they anticipate or predict that the asset's value will drop or…

Q: Outstanding Shares Pearce & Company has 12 million shares of $1 par value common stock outstanding.…

A: Stock split means when one share of the company is split or divided into number of shares. It will…

Q: The common shares of Hoover Inc. are currently selling at $143 per share. The directors want to…

A: a. Prepare journal entry to record the board votes a 2-for-1 stock split. Particular debit credit…

Q: Sunshine Corporation is contemplating issuance of a 10% preferred stock that they expect to sell for…

A: Cost of stock refers to an expense that are being charged over the investment amount for buying the…

Q: Medco Corporation can sell preferred stock for $84 w $5 per share in dividends. a. Compute the cost…

A: Cost of preferred stock =Dividend per share(Price per share - Flotation cost)   First, we need to…

Q: Holdup Bank has an issue of preferred stock with a $8 stated dividend that just sold for $90 per…

A: We have; Stated dividend as $8 Current Selling price of $90 To Find: Cost of preferred stock

Q: 18. The owners' equity accounts for Buel Industries include common stock of $24,000 with a $1 par…

A: 1.Shares outstanding after reverse stock split = Shares outstanding before reverse stock split *…

Q: Pearce & Company has 11 million shares of $1 par value common stock outstanding. The company…

A: Under stock split, number of shares increase or decrease according to split but total par value…

Q: The current dividend for Kappa Ltd's ordinary shares is $0.60. Kappa Ltd's ordinary shares a…

A: Here,CurrentDividend (D0) is $0.60Market Price of Share (P0) is $4.00Growth Rate (g) is 2%

Q: The 8 percent preferred stock of Margarit’s Beverages is selling for $58 a share. What is the…

A: Cost of preferred stock is the amount of money that the company gives as a way of dividend to its…

Q: Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a…

A: Variables in the question:Period of purchase=7 months agoNo. of shares purchased=580Dividend per…

Q: Bank Ghofar SAOG currently has 500,000 shares of OMR 15 par value common stock outstanding and…

A: The reverse stock split is the movement of a corporate to combine the number of existing shares of…

Q: Wellington Jumbo Crab’s stock currently sells for $100 per share. Last week the firm issued rights…

A: Given: Stock price = $100 per share Subscription price = $20 per share Number of rights = 3

Q: Goodnight Films has 50,000 shares of stock outstanding with a par value of $.70 per share and a…

A: A stock split is a company's decision to split its existing stocks at a specified ratio, which leads…

Q: You started with a market price of $30 and 10,000 shares. Calculate number of shares after the split…

A: Market Price = $30 A number of shares = 10,000 shares a. 2 for 7 split b. 3 for 2 split c. 2 for 5…

Q: Kin Corp. has preferred stock that was issued 3 years ago. It currently sells for $33.50 and offers…

A: A dividend is a payment made by a company to its shareholders, usually in the form of cash or…

Q: What is the annual dividend on an 8 percent preferred stock that currently sells for $45 and has a…

A: Face Value of Preferred Stock: $100 per share Annual Dividend Rate: 8%Current Market Price: $45 per…

Q: If C CORP. had 3,198,000 shares of common stock outstanding when it paid dividends last​ year, how…

A: Given, Number of shares outstanding 3,198,000 of C CORP

Q: How many shares of stock are outstanding?

A: EPS is calculated as the company's net income divided by the number of outstanding shares of the…