Write the pre-split market cap formula in cell B5 and the post-split market cap formula in C5.
Question:
Write the pre-split market cap formula in cell B5 and the post-split market cap formula in C5.
The ratio for the split is entered in cells B2 and C2. For example, the ratio of 2-for-1 would be entered as a 2 in B2 and a 1 in C2. The number of pre-split shares is entered in B3 and the pre-split price is entered in B4.
Transcribed Image Text:
1 2 3 4 5 A Split ratio Outstanding shares Price per share Market cap B C Pre-split Post-split 2 1
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ANSWER In B5 Presplit market cap formula B3B4 In C5 Posts...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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