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10 Problem 14-6 Stock Splits and Stock Dividends [LO 3] 433 points Skipped Bermuda Triangle Corporation (BTC) currently has 340,000 shares of stock outstanding that

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10 Problem 14-6 Stock Splits and Stock Dividends [LO 3] 433 points Skipped Bermuda Triangle Corporation (BTC) currently has 340,000 shares of stock outstanding that sell for $97 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g. 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) Book a. BTC has a five-for-three stock split. b. BTC has a 14 percent stock dividend. C. BTC has a 39.5 percent stock dividend. d. BTC has a four-for-seven reverse stock split. Hint Print a. Price per share Shares outstanding b. Price per share Shares outstanding c. Price per share Shares outstanding d. Price per share Shares outstanding References

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