Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

A company issues 100,000 shares at $50 per share. It has a debt-equity ratio of 2:1. If the company announces a 3-for-1 stock split, what

A company issues 100,000 shares at $50 per share. It has a debt-equity ratio of 2:1. If the company announces a 3-for-1 stock split, what will be the result??

1. ?The total stockholders equity and the debt-equity ratio will decrease.

?2. The total stockholders equity will decrease and the debt-equity ratio will remain unchanged.

?3. The total stockholders equity and the debt-equity ratio will remain unchanged.

?4. The total stockholders equity will increase and the debt-equity ratio will decrease.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

10. Each of the relaxation methods discussed in this chapter takes hours and weeks to master. How, then, can these methods be utilized by an athlete who must be able to bring on the relaxation...

Answered: 1 week ago

Question

★★★★★

Lars Linken opened Lars Cleaners on March 1, 2020. During March, the following transactions were completed. Mar. 1 Owner invested 15,000 cash in the company. 1 Borrowed 6,000 cash by signing a...

Answered: 1 week ago

Question

★★★★★

Below is the common equity section (in millions) of a companys balance sheets: 2009 2008 Common stock $2,000 $1,000 Retained earnings 2,000 2,340 Total common equity $4,000 $3,340 This company has...

Answered: 1 week ago

Question

★★★★★

b. What may be a common-cause factor that affects the data? [1T] 4. Explain the difference between Direct and Inverse Correlation. [2C]

Answered: 1 week ago

Question

★★★★★

After a breakthrough election victory at Amazon, the Amazon Labor Union fell far short of winning enough votes to unionize a second warehouse on Staten Island in New York. The vote was 618 votes...

Answered: 1 week ago

Question

★★★★★

How can you customize this report to find any open balances? Customize > Filter, then choose Uncleared in the Cleared dropdown Gear icon > Change columns, then mark the Credit checkbox in Change...

Answered: 1 week ago

Question

★★★★★

A codebook is used in quantitative research to define the variables (or columns) in a data set and the response categories for each of these variables. Looking at the codebook for this Assessment,...

Answered: 1 week ago

Question

★★★★★

Based on Iceberg Model of "Learning Organization" ( Artifacts, Espoused Values and Basic Assumptions) are analyze and reflected in each of the different levels of culture at Amazon? Reference:...

Answered: 1 week ago

Question

★★★★★

For this task, you need to use the provided pcapanalysis.py and TCP.reflection.pcap files to create three functions. The snippet below shows where you need to code the functions and the expected...

Answered: 1 week ago

Previous Question Next Question