Question: This is a 2 Part Question. Barons Coffee, with total assets of $1000, has a capital structure consisting of total equity of $525 and total
This is a 2 Part Question. Barons Coffee, with total assets of $1000, has a capital structure consisting of total equity of $525 and total debt of $475. Barons has 165 shares of stock outstanding. Now suppose that John holds 100 shares of Barrons. Use this information to answer the following two questions.
1. What is total value of John's holdings in Barons? $_________
Enter your answer in dollars and cents without a dollar sign.
2. Suppose that Barons announces a 3 for 1 stock split. Assuming no other information about Barons, what is the total value of John's holdings immediately after the split? $_________________
Enter your answers to the nearest dollar without
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