The price of afb

Assignment Help Finance Basics
Reference no: EM13903887

AFB, Inc. stock is currently selling for $20 per share. Thecompany completed a 5-for-1   stock splittwo days earlier. Two years ago, the company had a 2-for-1 stock split. If thestock splits had not happened, the price of AFB, Inc. stock would, other thingsbeing equal, be

A)$140.00 per share.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

B)$200.00 per share.

C)$100.00 per share.

D)$2.00 per share.

Reference no: EM13903887

Questions Cloud

Future work position : Discuss how the concepts of this course can be applied to your current or future work position.Determine to what extent you feel prepared to enter the accounting profession within the area of public accounting as a Certified Public Accountant
Regression equation for predicting scholarly productivity : Determine the regression equation for predicting scholarly productivity (Y) from institutional comprehensiveness (X). For an institution with a comprehensiveness score of 175, predict the psychology department's scholarly productivity score
Welker products sells small kitchen gadgets : Welker Products sells small kitchen gadgetsfor $15 each. The gadgets have a variable cost of $4 per unit, and WelkerProducts' fixed operating costs are $220,000 per year. Welker Products' capitalstructure includes 55% debt and 45% equity. Annual inte..
Create the design matrix : Please note that all reactors can be operated each day but each can only be operated at one temperature on a given day. What would be the best fitting design for this situation? Why? Create the design matrix and give exact and specific instruction..
The price of afb : AFB, Inc. stock is currently selling for $20 per share. Thecompany completed a 5-for-1   stock splittwo days earlier. Two years ago, the company had a 2-for-1 stock split. If thestock splits had not happened, the price of AFB, Inc. stock would, other..
Common stock outstanding : Dryden, Corp. has 500,000 shares of common stock outstanding, a P/Eratio of 11, and $900,000 earnings available for commonstockholders. The board of directors has just voted a 5:2 stock split.
How should the company account for the transaction : Is the method of revenue recognition used in each of the above situations acceptable in your opinion? Explain why (or why not). If the method is unacceptable, how should the company account for the transaction?
Farrah owns 5,000 shares of stock in das : Farrah owns 5,000 shares of stock in DAS, Inc. with a market valueof $15,000.DAS declares a 20% stock dividend. After the dividend is paid,Farrah owns
Tax rate of return must the firm earn on its investments : Beauty Inc. plans tomaintain its optimal capital structure of 40 percent debt, 10 percent preferredstock, and 50 percent common equity indefinitely. The required return on each componentsource of capital is as follows: debt--8 percent; preferred stoc..

Reviews

Write a Review

Finance Basics Questions & Answers

  Which of the following is true of sunk costs

Which of the following is true of sunk costs?

  What are the advantages of a depository institution

What are the advantages of a depository institution having many branches in a city or state as opposed to just one main office location? What are the disadvantages?

  The risk-free rate on t-bills recently was 123 if the

the risk-free rate on t-bills recently was 1.23. if the real rate of interest is estimated to be 0.80 what was the

  Changing currency value and its effect on trade

Explain how a rise in the euro might affect a French company exporting wine to the U.S., and compare that to the impact on a German firm importing semiconductors from the U.S.

  Makes net present value (npv) break even

1.       Expected return on a project; it is the rate that makes net present value (NPV) break even.

  Northern pacific external equity

Northern Pacific Heating and Cooling Inc. has a 6-month backlog of orders for its patented solar heating system. To meet this demand, management plans to expand production capacity by 40 percent with the  $10 million investment in plant and machin..

  Why do we need to analyze financial statements of company

1) Why do we need to analyze the financial statements of companies? Why do we have standards? Although they are standards, does this mean that all companies are analyzed exactly alike? How are we able to analyze the financial statements of com..

  Compute becker brothers overall gain or loss

Becker is forced to purchase 40,000 shares in the open market at an average price of $25.75. They later sell the shares at an average value of $23. Compute Becker Brothers' overall gain or loss from managing the issue.

  What will the portfolios new beta

What will the portfolio's new beta be after these transactions? Do not round intermediate calculations. Round your answer to two decimal places.

  What is the break-even tax rate that would make a taxable

aaa-rated municipal bonds are carrying a market yield today of 5.25 percent while aaa-rated corporate bonds have

  Assume your required internal rate of return on similar

you are considering the purchase of a small income-producing property for 150000 that is expected to produce the

  A share repurchase will do which of the following

As compared to a cash dividend, a share repurchase will do which of the following?

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!

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