1. Giggle Inc reports the following abbreviated balance sheet: Cash = $8000 Other Asset = $20000 Debt = $0 Equity = $28000 Number of shares outstanding = 3000 Giggle just paid a cash dividend of $1.50 per share. What is the new share price after the dividend payment? $ ________ Place your answer in dollars and cents without the dollar sign.

2. US Parcel Inc has 5500 shares of stock outstanding and a current stock price of $18.50 per share. The company has no debt. The company is currently short on cash and announces that instead of a cash dividend they will pay the following stock dividend to all shareholders: one new share of stock for each 2 shares held. What will the new price per share if US Parcel be after the stock dividend goes into effect. $ _______

3. E-Ticket System has just made a big announcement: The firm will split its stock 6-for-one (6:1). E-Ticket's current price per share is $20 per share, and there are 1000 shares outstanding. What is the share price after the announcement? $______