Question
3. value: 11.11 points The owners' equity accounts for Freya International are shown here. Common stock ($.50 par value) $ 42,500 Capital surplus 355,000 Retained
3.
value: 11.11 points
| The owners' equity accounts for Freya International are shown here. |
| Common stock ($.50 par value) | $ | 42,500 |
| Capital surplus | 355,000 | |
| Retained earnings | 778,120 | |
| Total owners equity | $ | 1,175,620 |
| a-1 | If Freya declares a five-for-one stock split, how many shares are outstanding now? (Do not round intermediate calculations.) |
| New shares outstanding |
| a-2 | What is the new par value per share? (Do not round intermediate calculations. Round your answer to 3 decimal places, e.g., 32.161.) |
| New par value | $ per share |
| b-1 | If Freya declares a one-for-four reverse stock split, how many shares are outstanding now? (Do not round intermediate calculations.) |
| New shares outstanding |
| b-2 | What is the new par value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) |
| New par value | $ per share |
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Options Trading For Beginners
Authors: Mike Hartley
1st Edition
979-8864514832
