Write the pre-split market cap formula in cell B5 and the post-split market cap formula in C5.

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The ratio for the split is entered in cells B2 and C2. For example, the ratio of 2-for-1 would be entered as a 2 in B2 and a 1 in C2. The number of pre-split shares is entered in B3 and the pre-split price is entered in B4.

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Question Posted: Sep 20, 2022 03:58 AM

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Write the pre-split market cap formula in cell B5 and the post-split market cap formula in C5.

Question:

1 2 3 4 5 A Split ratio Outstanding shares Price per share Market cap B C Pre-split Post-split 2 1

Step by Step Answer:

ANSWER In B5 Presplit market cap formula B3B4 In C5 Posts...View the full answer

Financial Algebra Advanced Algebra With Financial Applications

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