Willey’s Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey’s Grill & Restaurant, which had 36,000 shares of common stock outstanding, declared a 2-for-1 stock split. 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 $192 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: 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: 10. The stock of JFINEX Corporation is currently selling for 60 per share. It completed a 1-for-4…

A: Stock price two days earlier = Currently selling price x reverse split ratio = 60 x 1/4 = 15

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: 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: Burney Chemicals has stock price Rs.150 per share. They have recently completed a 3-for-1 stock…

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

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: 4. The Delgado Company has 700,000 shares authorized and 250,000 shares issued and outstanding of…

A: The main purpose of stock split is to make the shares affordable to the shareholders. Thus, the…

Q: Willis & Company has 20 million shares of $1 par value common stock outstanding. The company…

A: The stock split is a method of decreasing the par value of the stock by increasing the number of…

Q: Tesla's stock price (TSLA) was $2,213.4 at the close of business before it recent stock split. After…

A: A stock split increases the number of outstanding stocks without changing the overall value of the…

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 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: Zebra Corporation currently has 2,500,000 shares of stock outstanding that sell for RM45 per share.…

A: Shares Outstanding = 2,500,000 Share Price = RM45 per share

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: The paid in capital section of the stockholders equity section is as follows: COmmon Stock, Par…

A: A stock split enables a firm to divide each current share into many new shares without altering the…

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: LaGrange Bank has 800,000 shares issued and outstanding. In order to prevent a hositle takeover,…

A: Treasury stock: Shares which are bought back by the company from the open market but not retired…

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: An investor is deciding whether to purchase 5,000 ABC Inc. shares which has an EPS ratio of P75. He…

A: Price which the investor should pay should be the price as per the PE ratio of the industry minus…

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: If a company declares a 4​-for-3 stock​ split, the price before the split is ​$60​, and the price…

A: Data given: Split ratio= 4-for-3 Price before split= $60 Price after split=$45   Working Note #1…

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: An investor owns some stock in​ Harry's Pottery Inc. The stock recently underwent a 5​-for-4 stock…

A: Shares  Shares are defined as the monetary securities signifying the capital of company. It is…

Q: Effect of Stock Split Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants…

A: STOCK SPLITStock split is the process of splitting the existing stock into more stock. This is…

Q: Koko Services, Inc., has just declared a 2-for-1 stock split. The company’s pre-split common…

A: In a stock split a company increases its number of outstanding shares. This is done by issuing more…

Q: Montedosa Corporation has 400,000 shares of common stock outstanding, a P/E ratio of 8, and P500,000…

A: Spliting of share is that under which board of the director will increase or decrease the no. share…

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: 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: 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: Assume that you own 2,100 shares of $6 par value common stock and the company has a 3-for-1 stock…

A: Solution:Stock split happens when the company splits its one common share into further parts.In the…

Q: A corporation, which had 33,000 shares of common stock outstanding, declared a 3-for-1 stock split.…

A: Common stock: These are the shares issued by a company to an outsider. These shares entitle a share…

Q: Board of Directors of Reeves Corporation, a caterpillar dealership, based in Lynn, declared a…

A: Solution a: The number of shares outstanding after the split = Shares before split * 4 = 100000 * 4…

Q: In May 2011, Lowell Inc. announced a 6-for-2 stock split. On the split date, Cerner had about 80…

A: Stock Split ratio = 6:2 No.of shares outstanding = 80 million

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: Z Corporation has 1,000 shares of K20 par value common stock outstanding. The company is considering…

A: Stock Split - Stock Split is the issuance of additional shares to the existing shareholders in the…

Q: IMM stock on 11/1 traded at $10. On that day, the company announced an acquisition of a small…

A: Beta of a stock is used to determine its volatility with respect to the market. A stock which is as…

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: Flaxsteel declared a 2 for 1 stock split on 8,000 shares of $6 per value common stock. If the market…

A: Par value after the split = Par value before split x split ratio = $6 x 1/2 = $3 per share

Q: A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150…

A: Introduction: Stock split: Its splitting of face value. After stock split the number of outstanding…

Q: A company with 825,000 shares outstanding sells for $120 per share announced a 5-for-6 reverse stock…

A: Current stock price = $120 Shares outstanding = 825000 5 for 6 reverse stock split implies for every…

Q: The Athletic Village has done very well the past year, and its stock price is now trading at $88 per…

A: The stockholders' equity is affected with declaration of stock dividend. The stock dividend remains…

Q: A corporation, which had 33,000 shares of common stock outstanding, declared a 4-for-1 stock split.…

A: The stock split does not effect the total shareholder's equity of the business. The number of shares…

Q: A corporation that had 28,000 shares of common stock outstanding declared a 4-for-1 stock split. a.…

A: Common stock is a security that represents ownership in a company. The board of directors is elected…

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.