Question: Answer Question A and B A - XYZ has 482,313 shares of common stock outstanding, a P/E ratio of 8, and $576,060 in net income.
Answer Question A and B
A - XYZ has 482,313 shares of common stock outstanding, a P/E ratio of 8, and $576,060 in net income. The board of directors has just voted in favor of a 3-for-2 stock split. You owned 225 shares before the stock split. How many shares will you own after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 433.5000, ENTER IT AS 434.
B - XYZ has 412,267 shares of common stock outstanding, a P/E ratio of 9, and $510,046 in net income. The board of directors has just voted in favor of a 4-for-1 stock split. You owned 228 shares before the stock split. What will be the total value of your investment after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 1700.5567, ENTER IT AS 1701.
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