Question: Q1The ones with the green check marks are correct. Problem 17-4 Stock Splits and Stock Dividends [L03] Stockton Mineral Operations, incorporated, (SMO) currently has 490,000

Q1The ones with the green check marks are correct.

Q1The ones with the green check marks areQ1The ones with the green check marks are
Problem 17-4 Stock Splits and Stock Dividends [L03] Stockton Mineral Operations, incorporated, (SMO) currently has 490,000 shares of stock outstanding that sell for $50 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g.. 32'.) a. SMO has a fiveforthree stock split? b. 5M0 has a 20 percent stock dividend? c. SMO has a 55.5 percent stock dividend? d. SMO has a three-for-seven reverse stock split? e. Determine the new number ofshares outstanding in parts (a) through (d). 9 Answer is complete but not entirely correct. a. Share price a. New shares outstanding b. Share price $ 32.15 6 b. New shares outstanding s o c. New shares outstanding 588,000 9 $ 761 50.00 9 210,000 a d. Share price d. New shares outstanding total luing in parts (a) through X Answer is complete but not entirely correct. a. Share price 30.00 a. New shares outstanding 816,667 b. Share price $ 60.00 X b. New shares outstanding 588,000 c. Share price $ 77.75 X c. New shares outstanding 761,950 d. Share price $ 116.67 d. New shares outstanding 210,000 V

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