Audrey’s Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Northwest. Audrey’s Restaurant Corporation, which had 45,000 shares of common stock outstanding, declared a 3-for-1 stock split (2 additional shares for each share issued). a.  What will be the number of shares outstanding after the split? fill in the blank 1 shares b.  If the common stock had a market price of $108 per share before the stock split, what would be an approximate market price per share after the split? $fill in the blank 2 per share

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: 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: Concord Corporation has 200,000 common shares outstanding with a carrying value of $17 per share.…

A: Divide current shares into additional shares is a corporate action known as a stock split. A stock…

Q: OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock…

A: Debt is the obligation for the company reported in the balance sheet of the company.

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: d Contractors has 4.5 million shares of common stock outstanding, 1 million shares of preferred…

A: The Weighted Average Cost of Capital (WACC) of a company is the total cost of capital, including…

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 firm has one million shares outstanding and earnings of $6 million before recording the new…

A: Formula :-  Earnings per share (EPS) is calculated as a company's profit divided by the outstanding…

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: 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: You own 1,000 shares of Gables Co. The shares are currently selling for $24. The company has just…

A: Answer :-  When a company announced stock split, the number of shares of the  company increases, but…

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: s fallen on hard times and receives a $6M Se r 6M shares at $1 per share. ck pool have claims on 3M…

A: Series A Investment:Investment Amount: $6MNumber of Series A Shares: 1MSeries A Price per Share: $6

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

A: 3 for 1 stock split means for every 1 share held by investors 3 shares will be held. Means if an…

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: 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: 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: FarCry Industries, a maker of telecommunications equipment, has 3 million shares of common stock…

A: WACC is a firm's cost of capital that is proportionally weighted by capital type. WACC is often used…

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: 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: Assume a company declares a 3-for-2 stock split. The pre-split price is $300 per share. You own 100…

A: Given, Split = 3 for 2 stock Pre split price = $300 per share Shares owned = 100 shares

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: 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: 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: DRK, Incorporated, has just sold 80,000 shares in an initial public offering. The underwriters…

A: The total cost of the equity issue will include explicit cost and implicit cost.

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: I'm stuck on the last date. How do I calculate less book value of the stock?

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.