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: 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…

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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: 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: Cleveland Corporation has 100,000 shares of common stock outstanding. The company's net income is…

A: Earnings for common stockholders = $950,000÷ Number of outstanding shares = 100,000Earnings per…

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: 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: Thousand Islands Resorts has 1,750,000 shares of authorized common stock, each having a $1 par…

A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…

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: 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…

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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…

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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: Team Sports has 4.9 million shares of common stock outstanding, 2.9 million shares of preferred…

A: The question is related to Cost of Capital. The weight will be calculated based on market value.…

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: Western Electric has 35,000 shares of common stock outstanding at a price per share of $85 and a…

A: WACC refers to the return that the company provides to all its stakeholders. It is calculated by…

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: Cookies and Cream has 64,000 shares outstanding at a market price of $80.73. What will the share…

A: Number of shares outstanding = 64,000 sharesMarket price = $80.73Dividend percentage = 14.4%

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: Hotel Cortez is an all-equity firm that has 11,200 shares of stock outstanding at a market price of…

A: Solution:- Break-even EBIT (Earnings before interest and tax) point is the EBIT point where the…

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: pose that Payout changes its mind and decides to issue a 5% stock dividend ins rchasing 5% of the…

A: A company may choose to repurchase its shares in order to increase its stock price and improve its…

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: 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: 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: Simone's Sweets is an all-equity firm that has 11,200 shares of stock outstanding at a market price…

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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.…

Q: Simone's sweets is an all-equity firm that has 6700 shares of stock outstanding at a market price of…

A: The capital structure is the combination of equity capital and loan capital of the company. The…

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…

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.