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The owners' equity accounts for Vulcano International are shown here: Common stock ($.60 par value) Capital surplus $ 37,500 325,000 718,120 Total owners' equity $1,080,620 Retained earnings 1. The company declares a two for one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) -2. The company declares a two for one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. The company declares a one-for-four reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.) b-2. The company declares a one for four reverse stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a1. Now shares outstanding 2. New pr b-1. Now shares outstanding b-2. New par value par stare per share

The owners' equity accounts for Vulcano International are shown here: Common stock ($.60 par value) Capital surplus $ 37,500 325,000 718,120 Total owners' equity $1,080,620 Retained earnings 1. The company declares a two for one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) -2. The company declares a two for one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. The company declares a one-for-four reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.) b-2. The company declares a one for four reverse stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a1. Now shares outstanding 2. New pr b-1. Now shares outstanding b-2. New par value par stare per share

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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am. 155.

The owners' equity accounts for Vulcano International are shown here: Common stock ($.60 par value) Capital surplus $ 37,500 325,000 718,120 Total owners' equity $1,080,620 Retained earnings 1. The company declares a two for one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) -2. The company declares a two for one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. The company declares a one-for-four reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.) b-2. The company declares a one for four reverse stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a1. Now shares outstanding 2. New pr b-1. Now shares outstanding b-2. New par value par stare per share
Transcribed Image Text:The owners' equity accounts for Vulcano International are shown here: Common stock ($.60 par value) Capital surplus $ 37,500 325,000 718,120 Total owners' equity $1,080,620 Retained earnings 1. The company declares a two for one stock split. How many shares are outstanding now? (Do not round intermediate calculations.) -2. The company declares a two for one stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. The company declares a one-for-four reverse stock split. How many shares are outstanding now? (Do not round intermediate calculations.) b-2. The company declares a one for four reverse stock split. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a1. Now shares outstanding 2. New pr b-1. Now shares outstanding b-2. New par value par stare per share
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