Stockton Mineral Operation, Incorporated (SMO), currently has 470,000 shares of stock outstanding that sell for $70...

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Stockton Mineral Operation, Incorporated (SMO), currently has 470,000 shares of stock outstanding that sell for $70 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. SMO has a four-for-three stock split? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. SMO has a 15 percent stock dividend? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. SMO has a 51.5 percent stock dividend? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. SMO has a 3-for-7 reverse stock split? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. New share price b. New share price c. New share price d. New share price e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Answer is complete but not entirely correct. a. New shares outstanding b. New shares outstanding 626,667 540,500 c. New shares outstanding d. New shares outstanding 711,550 156,667 Stockton Mineral Operation, Incorporated (SMO), currently has 470,000 shares of stock outstanding that sell for $70 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. SMO has a four-for-three stock split? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. SMO has a 15 percent stock dividend? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. SMO has a 51.5 percent stock dividend? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. SMO has a 3-for-7 reverse stock split? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. New share price b. New share price c. New share price d. New share price e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Answer is complete but not entirely correct. a. New shares outstanding b. New shares outstanding 626,667 540,500 c. New shares outstanding d. New shares outstanding 711,550 156,667