Question
Expo Co. has net income for this year of $80,000 and it pays out dividend for 30%. The company has 25,000 shares outstanding, and its
Expo Co. has net income for this year of $80,000 and it pays out dividend for 30%. The company has 25,000 shares outstanding, and its shares are currently selling at $147 per share. Expo is considering 7-for-2 stock split.
1- The current dividend per share of Expo is: *
$0.96
$3.01
$1.04
$3.20
None of the above
2- The current earnings per share of Expo is: *
$0.96
$3.01
$1.04
$3.20
None of the above
3- Following the split, the price per share of Expo is: *
$42
$515
$122
$51.5
None of the above
4- Following the split, the dividend per share of Expo is: *
$3.36
$0.27
$2.76
$0.91
None of the above
5- Following the split, the earnings per share of Expo is: *
$2.76
$0.27
$0.91
$7.455
None of the above
6 -Assume that Expo decides to make a certain split, and after the split its number of shares become 37,500 shares, then the split made was: *
2-for-5
5-for-2
4-for-6
6-for-4
None of the above
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