User Account

All Pages

How many shares of stock will be outstanding

Assignment Help Financial Accounting
Reference no: EM13510369

Meenen Corporation has 30,000 shares of $10 par value common stock outstanding when it announces a 2-for-1 stock split. Before the split, the stock had a market price of $120 per share. After the split, how many shares of stock will be outstanding? What will be the approximate market price per share?

Reference no: EM13510369

Questions Cloud

Discuss the nature of any modifications required : Discuss the nature of any modifications required to the standard unqualified audit report which will enable the drafting of the audit report on the 2007 annual financial statements of Client Ltd
Compute mccoy 2010 earnings per share : McCoy Corporation has outstanding at December 31, 2010, 50,000 shares of $20 par value, cumulative, 8% preferred stock and 200,000 shares of $5 par value common stock. All shares were outstanding the entire year.
Determine the efficiency of the cycle : A three-step cycle is undergone by 3.8 mol of an ideal diatomic gas: the gas is then contracted at constant pressure back to its original volume. Throughout the cycle, the molecules rotate but do not oscillate. What is the efficiency of the cycle
Estimate the work done by the normal force : A snowboarder of mass 82.0 kg (including the snowboard's mass) slides straight down a "double black diamond" hill. The hill is 45 metres in length and inclined at 40° below the horizontal. Determine the work done by the normal force
How many shares of stock will be outstanding : After the split, how many shares of stock will be outstanding? What will be the approximate market price per share?
Prepare a retained earnings statement for the fiscal year : Prepare a retained earnings statement for the fiscal year ended October 31, 2008.
Critically analyse and discuss the financial performance : Evaluate and provide an initial recommendation as to whether outsourcing the catering at the lodge to Brilliant Catering will improve the profitability of ABS - Critically analyse and discuss the financial performance of the training sites and the ..
What is the tension in the rope that he is pulling : A father pulls his identical twins on identical sleds tied one after the other. He exerts a force F that makes an angle of 30degrees with the horizontal, What is the tension in the rope that he is pulling
Calculate the dividends per share on each class of stock : During its first four years of operations, the following amounts were distributed as dividends: first year, $3,000; second year, $4,000; third year, $30,000; fourth year, $80,000. Calculate the dividends per share on each class of stock for each o..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Responsibilities of the board of directors audit committee

Determine how the responsibilities of the board of directors audit committee have changed due to the Sox Act in overseeing the financial reporting process and to hire and be in charge of the independent auditors.

  The statement of cash flows

The statement of cash flows and must be prepared on a daily basis and summarizes the operating, financing, and investing activities of an entity

  Prepare the necessary journal entries for evergreen

Prepare any necessary adjusting entries at December 31, 2011. Adjusting entries are only recorded at year-end (round all calculations to the nearest dollar).

  Describe the home depot business model

Describe the Home Depot business model. Why didn't this business model work in China and describe some of the challenges companies faced in China and how they adapted.

  Journal entries for purchase of two-year policy

Journal entries for purchase of two-year policy from a different insurance

  Global reporting initiative

Determine your company performance in relation to GRI standards and comment on Stigler's theory.

  Balance in the capital in excess of par account

the shared outstanding and the balance in the Capital in Excess of par account

  Compute the overhead applied

Compute the predetermined overhead rate and compute the overhead applied.

  Prepare the journal entries in the general journal

Prepare the Journal Entries in the General Journal, post Journal Entries to the General Ledge, prepare a Trial Balance

  The taylor corporation is using a machine that initially

the taylor corporation is using a machine that initially cost 66000. the machine has a book value of 66000 and a

  Purpose all worksheet eliminations in journal entry

Purpose all worksheet eliminations in journal entry form necessary to consolidate Crain and Downey

  Should buyer purchasing authorize payment

Assume that a buyer receives a shipment of MODEL SD010 with an invoice amount of $780, although $870 worth of goods were received. The purchase order was for $870. Since the difference was in the buyer's favor, the buyer's purchasing department s..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd