Robinson's has 46,000 shares of stock outstanding with a par value of $1 per share and a market price of $52 a share. The balance sheet shows $46,000 in the common stock account, $515,000 in the paid in surplus account, and $530,000 in the retained earnings account. The firm just announced a 2-for-1 stock split. How many shares of stock will be 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: balance sheets for Larry underwood motors shows a book value of stockholders equity book value per…

A: Price earnings ratio indicates no. of times a company's share price is trading as compared to its…

Q: Bob’s Belts issued a 2 for 1 stock split.  The balance in retained earnings at the time of the split…

A: Correct answer is D) $0 Stock splits do not affect stockholders equity

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: Murphy's, Incorporated, has 32,250 shares of stock outstanding with a par value of $1 per share. The…

A: Number of shares outstanding before stock Dividend = 32,250Market price per share before stock…

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: Bruno's has 13,000 shares of stock outstanding with a par value of $1 per share and a market value…

A: It is given that No of shares – 13000 Par value - $1 Market value -$38.29 capital in excess of par…

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: A firm has $5,760,000 in its common stock account and $57,600,000 in its paid in capital account.…

A: Common stock consist of the par value of the share and paid-in capital is the excess amount on par…

Q: Jackson Enterprises has the following capital (equity) accounts: Common stock ($1 par; 200,000…

A: A cash dividend is a payment made from a company's current earnings or accumulated profits that is…

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: 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: the owners’ equity accounts for Quadrangle International are shown here:   Common stock ($1 par…

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

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: Davidsons has a market value of $10.6 per share. The balance sheet shows $4,250,000 in the common…

A: The amount of dividend paid = Par value of stock * Dividend rate

Q: Bramble Corporation has 115,000 common shares outstanding with a carrying value of $24 per share.…

A: A stock split is an action performed by the companies which divides the existing shares into…

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: Maxwell Corp. is coming to the market with a new offering of 450,000 shares of stock at $22 to the…

A: Diluted EPS :- Diluted Earning per share, additionally called Diluted EPS, is a profit estimation…

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: 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: 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: On October 31, the stockholders' equity section of Oriole Company consists of common stock $270,000…

A: A summary of effects of alternative actions on the components of stockholders’ equity is a report…

Q: The Liang Company's balance sheet has the following capital section.  Liang's stock is currently…

A: When there is a stock split, there are only changes in the Number of Shares Outstanding and the Par…

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: Assume that you own 3,600 shares of $10 par value common stock and the company has a 4 for 1 stock…

A: Formula: Shares after Split = Number of shares holding before stock split x Split ratio.

Q: A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split.…

A: The stock split increases the number of the shares outstanding. The stock split decreases the par…

Q: At the time that Kirby Company issued a 3-for-1 stock split, the company had 1,000 shares of $12 par…

A: 3-for-1 stock split indicates the each one stock, divided into three smaller stock.

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: On October 31, the stockholders’ equity section of Sunland Company consists of common stock $305,000…

A: Formula: Number of outstanding shares = Total common stock value / PAR value. Division of common…

Q: The Gable Inn is an all-equity firm with 16,000 shares outstanding at a value per share of $14.50.…

A: In the given question we need to calculate the number of shares of stock will be outstanding once…

Q: Nelson's Landscaping has 1,200 bonds outstanding that are selling for $990 each. The company also…

A: The weighted average cost of capital is a financial measure that represents the average cost of a…

Q: a public company has 1,000 common stock shares outstanding, where each share has a $10 par value.…

A: The total par value of shares outstanding before and after the stock split remains the same.

Q: Altoona Company began the year with 300, 000 shares of $4 par common stock. On May 1, they issued…

A: Weighted average shares refer to the total number of shares outstanding throughout a specific time…

Q: The owners' equity accounts for Vulcano International are shown here: $ 80,000 200,000 660,000 $…

A: Common stock = $80,000  Par value = $1  Current stock price = $47  Stock dividend = 8%    Therefore…

Q: Murphy's, Inc. has 30,000 shares of stock outstanding with a par value of $1.00 per share. The…

A: The "Capital in Excess of Par" account, which is also referred to as "Additional Paid-In Capital" or…

Q: (a) A company has 100,000 shares of $1 par value common stock outstanding with a current market…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: City Center Pharmacy has 24,500 shares of stock outstanding with a par value of $1 per share and a…

A: First of all, the no. of shares outstanding is 24,500 The company announced a three for five reverse…

Q: Pluto's has 14,000 shares of stock outstanding with a par value of $1 per share. The market value is…

A: Retained earnings account after the dividend will be retained earning balance minus stock dividend…

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: A company has 65,000 common shares at a market price of $42 per share. If the average issue price…

A: Stock Dividend - Stock Dividend is the issuance of Shares in the form of dividend. It is the…

Q: On July 4, Great Student Company completed a 4 for 1 stock split when outstanding shares were…

A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…

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.