Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Worst Buy Company has had a lot of complaints from customers of late, and its stock price is now only $4 per share. It is going to employ a one-for-six reverse stock split to increase the stock value. Assume Dean Smith owns 108 shares.
a.How many shares will he own after the reverse stock split? (Do not round intermediate calculations and round your answer to the nearest whole number.)
Number of shares
b.What is the anticipated price of the stock after the reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places.)
Anticipated stock price $
c.Because investors often have a negative reaction to a revere stock split, assume the stock only goes up to 80 percent of the value computed in part b. What will the stock's price be? (Do not round intermediate calculations and round your answer to 2 decimal places.)
Stock price $
d.How has the total value of Dean Smith's holdings changed from before the reverse stock split to after the reverse stock split (based on the stock value computed in part c)? To get the total value before and after the split, multiply the shares held times the stock price.(Input the amount as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places.)
Dean Smith's holdings
During an audit of an entity's stockholders' equity accounts, the auditor determines whether there are restrictions on retained earnings resulting from loans, agreements, or state law. This audit procedure most likely is intended to verify management..
Assume that Dominum Company had the following balances in its receivable accounts on December 31, 2011.
Evaluate the degree of operating leverage for CellU. and evaluate the degree of financial leverage for CellU and determine the degree of total leverage for CellU.
The desired ending inventory of plastic is 30 pounds. How many pounds of plastic should be budgeted for purchasing during the coming period?
Using ONLY the data provided in the initial Trial Balance, prepare an income statement for the year ended 30 September and a balance sheet as at that date for Joe.
How much cash did "Lawson Software inc,." provide from operating activities for the current year and prior year? What was the rate of change from 2009 to 2010? How does this rate of change in operating cash flow compare to the rate of change in..
For the second quarter, Evergreen Plant Nursery had gross sales of $214,300, sales returns and allowances of $26,540, and sales discounts of $1,988. What were Evergreen's net sales?
What is mark to market accounting? Which stakeholder do you think will be most affected in mark to market accounting? Identify two critical accounts that will be most affected by the suspension of mark to market.
your friend comments i just ignore the income statement when im making an investment decision. all i care about is the
question the ceo of a large corporation has retained you as a management consultant to look into an area of concern
Kale classifies investments with original maturities of three months or less as cash equivalents. In its December 31, 2011, balance sheet, what amount should Kale report as cash and cash equivalents?
If Sawyer issued the bonds to yield an effective (market) rate of 4 percent, what amount of cash would Sawyer receive at issue (round to nearest whole dollar)?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd