A10 Effect of stock splitWilley's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill &Restaurant, which had 315,000 shares of common stock outstanding, declared a 3-for-1 stock split. This information has beencollected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in thequestions below.XOpen spreadsheeta. What will be the number of shares outstanding after the split?sharesb. If the common stock had a market price of $426 per share before the stock split, what would be an approximate marketprice per share after the split?

Stock split means increase in the holding of number of shares with the same/ current holdings. It…

Answered: Effect of stock split Willey's Grill &…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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On this question may you please explain how it came to 41880 instead of 41860
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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt-equity ratio of 1.41. The cost of equity is 13.5 percent and the pretax cost of debt is 7.6 percent. What is the capital structure weight of the firm's equity if the firm's tax rate is 25 percent?
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Ass gnment2 -IntACCT403 - Mcrosoft Word عرض أبجد هوز أبجد هوز أيجد هوز . هور أبجد هوز 南 ,三,三 |,Aa A 1 olgic -加一、三■== - A - ay - A العنوان 2 ülgic scli , 1 blasi Answer ANY 2 from the following Questions Q.1. You are an investment analyst domiciled in Country Z doing a cross-country comparison of the financial performance of two manufacturing companies in the pharmaceuticals industry. Both companies, X and Y (located in Countries X and Y), have similar expected sales of $600 million. Country X has a corporate income tax. Country Y has no income tax but relies on indirect taxes. Selected data for companies X and Y are as follows: Соmpany X $120 million Сompany Y $72 million Pretax income Return on sales 12.0% 12.0% Required: Determine which company promises to have the better financial performance? What tax considerations might affect your conclusions? الأمريكية( TOSHIBA 近

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