What effect will a two-for-one stock split have on the following items found on a firms financial
Question:
a. earnings per share........... $4.20
b. total equity........... $10,000,000
c. long-term debt........... $4,300,000
d. additional paid-in capital..... $1,534,000
e. number of shares outstanding.... 1,000,000
f. earnings .............. $4,200,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
The impact of the 2 for 1 split is a Earnings per sh...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo
Question Posted:
Students also viewed these Accounting questions
-
What effect will a subsidiary's 15 percent stock dividend have on the elimination entries used in preparing a consolidated balance sheet at the end of the year in which the dividend is distributed?
-
The file P08_18.xlsx contains information on the following items about 24 companies: EBITASS (earnings before income and taxes, divided by total assets), ROTC (return on total capital), and Group (1...
-
In the portfolio balance model, what effect will a rise in id have on the value of the domestic currency with a flexible exchange rate? Why? Why would this not be the result in the monetary approach?
-
Riffa Football Club is planning to organize a football tournament to raise charity funds. The estimated costs per match Amount paid to Players, Coaches and Referees BHD 1,400; Ground Rent BHD 250;...
-
Solve the following the equation. It should be accurate to the cent. 121 365 1+0.115 365
-
Write (27x6yz)(1/3) as a simplified radical expression.
-
A business model evolves over time. Given the information in this chapter and elsewhere, fill out a business model canvas for DAA as completely as possible.
-
Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $430,000. The company...
-
Transactions for common stock and trading investmentsZeus Investments Inc. is a regional freight company that began operations on January 1 , 2 0 Y 8 . The following transactions relate to trading...
-
Ben Derby is a highly paid scout for a professional baseball team. He attends at least five or six Major League Baseball games a week and watches as many recorded games as he can in order to evaluate...
-
A firms balance sheet has the following entries: Cash...................... $10,000,000 Total liabilities................. 30,000,000 Common stock ($5 par; 2,000,000 shares outstanding).. 10,000,000...
-
A firm has the following balance sheet: a. Construct a new balance sheet showing the impact of a three-for-one split. If the current market price of the stock is $54, what is the price after the...
-
A compass needle points 17 E of N outdoors. However, when it is placed 12.0 cm to the east of a vertical wire inside a building, it points 32 E of N. What is the magnitude and direction of the...
-
You now have a wing design and now you need to determine the c.g of the wing. We are going to assume the wing has a uniform thickness thereby allowing for an easier calculation of the C.G. or...
-
convert these equations dV (z) dz dl (z.) dz = (R'+ jaL')I(z) = (G' + jwC' )V(z)
-
What is your preferred way to shop for groceries? Why? 2. What is your preferred way to shop for shoes? Why? 3. What is your preferred activity when you meet up with friends? 4. Discuss whether or...
-
QUESTION 7: What is the "P(kg)" force required to cut a piece of "a(mm)" thickness and "b(mm)" width from a material with a breaking stress of Tmax(kg/cm2) of the sheet metal plate to be used on a...
-
Required: Keller Company makes two models of battery-operated boats, the Sandy Beach and the Rocky River. Basic production information follows: Direct materials cost per unit Direct labor cost per...
-
Write a program for the arithmetic shift-left operation. Branch to OVF if an overflow occurs.
-
Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...
-
It was not clear that the revenue in the income statement needed to be reported net of the district-paid expenses for those cases in which Edison was not the primary ____________.
-
List the advantages associated with dividend reinvestment plans and stock repurchases.
-
Calculate the value of a common stock using the dividend-growth model to determine if the stock is over- or undervalued.
-
Calculate the value of a common stock using the dividend-growth model to determine if the stock is over- or undervalued.
-
1. What year are you preparing your students for? 1973? 1995? Provide evidence that your school's curriculum and the program you use are preparing your students for 2030? Are you even preparing them...
-
2 Classify each type of numerical data as discrete (D) or continuous (C). a number of homes with solar power b patients' body temperatures c sizes of the crowds at rock concerts d star ratings of...
-
What role does the use of either mimesis or abstraction play in each example? (Keep in mind that the concepts of mimesis and abstraction in the creative arts are defined and explored in the document...
Study smarter with the SolutionInn App