The owners' equity accounts for Vulcano International are shown here: Common stock ($.50 par value) Capital...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The owners' equity accounts for Vulcano International are shown here: Common stock ($.50 par value) Capital surplus Retained earnings Total owners' equity $ 42,500 355,000 778,120 $ 1,175,620 a-1. If the company declares a five-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.) a-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. If the company declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) b-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a-1. New shares outstanding a-2. New par value per share b-1. New shares outstanding b-2. New par value per share The owners' equity accounts for Vulcano International are shown here: Common stock ($.50 par value) Capital surplus Retained earnings Total owners' equity $ 42,500 355,000 778,120 $ 1,175,620 a-1. If the company declares a five-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.) a-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b-1. If the company declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) b-2. What is the new par value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a-1. New shares outstanding a-2. New par value per share b-1. New shares outstanding b-2. New par value per share
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Determine how current values might be determined for investments, land, buildings, equipment, patents, copyrights, trademarks, and franchises. How might the use of current values in the accounting...
-
Some metal alloy is known to have electrical conductivity and electron mobility values of 1.5 x 107 (ohm-m)-1 and 0.0020 m2/V-s, respectively. Through a specimen of this alloy that is 35 mm thick is...
-
Pippa runs a photographic studio specializing in black and white portrait photography. Clients book a one hour studio session and are entitled to receive two large photographs of their choice from...
-
Selected transactions from the journal of Roberta Mendez. investment broker, are presented below. Instructions (a) Post the transactions to T accounts. (b) Prepare a trial balance at August 31. 2006....
-
You read in The Wall Street Journal that 30-day T-bills are currently yielding 5.5%. Your brother-in-law, a broker at Safe and Sound Securities, has given you the following estimates of current...
-
we) shrink vertically by a factor of 6 '0 shrink horizontally by a factor of 6, then reflect about the x~axis stretch vertically by a factor of % shrink horizontally by a factor of61 stretch...
-
Refer to the reading - Worms Shadows and Whirpools .pdf 1. Summarize new understandings you gained from this reading about early childhood science. Elaborate on what constitutes a high quality early...
-
8 . A fin of rectangular cross - section with a thickness of 5 mm , a height of 5 0 mm , and a length of 1 0 0 mm is attached to a base with a thermal conductivity of 1 0 0 W / mK . The base...
-
In a normal distribution, what is the probability that a value will fall between -0.5 SDs from the mean and +0.5 SDs from the mean? In other words, what is P(-0.5 < x < 0.5)? Round your answer to the...
-
Provide the Parent Pointer Implementation for the following Forest. C A R D E B F X W Y N
-
Explain how the employee costs is a way to use the cost accounting for a given organization.
-
Explain the operational features of a speed control system for a shunt wound DC motor. Your report should include reference to the relationship between flux, currents and speed.
-
It was announced that economic activity will soon be opening for different sectors in the country. If you financially advise a dentist, gas station owner, private elementary school or manager of a...
-
Solve each problem. Find the coordinates of the points of intersection of the line y = 2 and the circle with center at (4, 5) and radius 4.
-
\((n-1)!, n=12\) Evaluate the factorial expression for the given value of \(n\).
-
Hiroshi Mori began an upholstery cleaning business on October 1 and engaged in the following transactions during the month: Oct. 1 Began business by depositing $12,000 in a bank account in the name...
-
\(w ightarrow x ightarrow y ightarrow u ightarrow v ightarrow s ightarrow r ightarrow q ightarrow t ightarrow w\) Use the figure shown to find the weight of each Hamilton cycle. 13 3 S 1 7 2 4 6 t U...
Study smarter with the SolutionInn App