Question: When a company declares a 3-for-1 stock split, the number of outstanding shares a.sddoerfstegroe b.se,,erfds c.s,eerfdssdodfeld d.s,derfdss and why ?

When a company declares a 3-for-1 stock split, the number of outstanding shares

a.sddoerfstegroe

b.se,,erfds

c.s,eerfdssdodfeld

d.s,derfdss

and why ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Day Beginning Balance Funds Deposited Settlement Price Futures Price Change Gain/ Loss Ending Balance 0 82.00 1 84.00 2 78.00 3 73.00 4 79.00 5 82.00 6 84.00 1) What is the total initial margin? 2)...

Q:

o Golden Trust has the following classes of stock: Click the icon to view the data.) Read the requirements Requirement 1. Golden declares cash dividends of $15,000 for 2024. How much of the dividends...

Q:

Company Z has 2.4 million shares of common stock authorized with a par value of $1 and a market price of $58. There are 1.2 million outstanding shares and 0.3 million shares held in treasury stock....

Q:

Company Z has 2.65 million shares of common stock authorlzed with a par value of $1 and a market price of $63. There are 1.325 million outstanding shares and 0.33125 million shares held In treasury...

Q:

1. Golden declares cash dividends of $30,000 for 2018. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? 2. Assume the preferred stock is cumulative and...

Q:

Recording Stock Dividends and stock splits The records of Dixie Corporation showed the following balances on November 1, 2020. Common stock, $10 par, 72,000 shares outstanding $720,000 Paid-in...

Q:

Old MathJax webview Sterling Trust has the following classes of stock (Click the icon to view the data) Requirements 1. Sterling declares cash dividends of $15.000 for 2016. How much of the dividends...

Q:

Company Z has 2.6 million shares of common stock authorized with a par value of $1 and a market price of $62. There are 1.3 million outstanding shares and 0.325 million shares held in treasury stock....

Q:

The owners equity accounts for Vulcano International are shown here: Common stock ( $ . 5 0 par value ) $ 2 7 , 5 0 0 Capital surplus 3 0 5 , 0 0 0 Retained earnings 6 7 8 , 1 2 0 Total owners...

Q:

2 The owners' equity accounts for Octagon International are shown here: Common stock ($.50 par value) 35,000 320,000 Capital surplus 10 points Retained earnings 708,120 1,063,120 Total owners' equity...

Q:

CASE ANALYSIS: CostCo Wholesale in 2016: Mission, Business Model, and Strategy Based on the case study, Create BCG matrix for Costco, Create Balance Scorecard For Costco, Create Vision and Mission...

Q:

A crane boom of mass 450 kg with its center of mass at C is stabilized by two cables AQ and BQ (Ae = 304 mm2 for each cable) as shown in the figure. A load P = 20 kN is supported at point D. The...

Q:

Identify which of the following items would be reported in the balance sheet.a . Cashd. Wage expenseg. Net incomeb. Salese. Wages payableh. InventoryC. Long - term debtf. Retained earningsCost of...

Q:

Which project management tool uses the analogy "skateboard - bicycle - motorcycle - car"? Group of answer choices Scrum Waterfall Fate - Gate Star - gate

Q:

1 What are some of the pros and cons of online learning programmes? Duke Corporate Education (Duke CE) is a not- for- profit company that delivers custom corporate education to clients across the...

Q:

5 How does IiP encourage a strategic approach to people development?

Q:

2 W hat additions or alterations might be considered to this method? Phillips (2005), in response to the regular calls for a way of measuring the contribution of training, has developed an approach...