10 Company J reports the following stock information: Common Stock, 86,000 shares, $3 par Treasury Stock,...

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10 Company J reports the following stock information: Common Stock, 86,000 shares, $3 par Treasury Stock, 16,000 shares, cost of $6 per share • Current Market price is $12 per share Given that market capitalization is outstanding shares x market price, answer each of the following independent question A. If Company J distributes a 20% stock dividend, what would be the market capitalization after the stock dividend? B. If Company J declares a 3-for-5 stock split, what would be the market capitalization after the stock split? Edit View Insert Format Tools Table Paragraph BIUA ev T P 12pt v 10 Company J reports the following stock information: Common Stock, 86,000 shares, $3 par Treasury Stock, 16,000 shares, cost of $6 per share • Current Market price is $12 per share Given that market capitalization is outstanding shares x market price, answer each of the following independent question A. If Company J distributes a 20% stock dividend, what would be the market capitalization after the stock dividend? B. If Company J declares a 3-for-5 stock split, what would be the market capitalization after the stock split? Edit View Insert Format Tools Table Paragraph BIUA ev T P 12pt v

Answer rating: 100% (QA)

Angwer Page1 Accoding to given A autstanding shares Common ... View the full answer