FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ford Corporation has 1,200,000 shares of common stock issued and outstanding with a $1.20 par value. If Lincoln declares a one-for-three reverse stock split, how

Ford Corporation has 1,200,000 shares of common stock issued and outstanding with a $1.20 par value. If Lincoln declares a one-for-three reverse stock split, how many shares will be issued and outstanding and what will the par value be after the split?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

A Textbook Of Accounting For Management

A Textbook Of Accounting For Management

Authors: S.N. Maheshwari

3rd Edition

9325956195, 978-9325956193

More Books

Students also viewed these Accounting questions

Question

★★★★★
Fantastic Feeder Products Inc. manufactures high-quality wooden cutting boards sold to restaurants and gourmet home cooks. One of these boards, the CertiPro II, requires an expensive hardwood. During...

Answered: 1 week ago

Question

★★★★★
Which one of the following formulas defines a tautology? >> 1 (xy) ((x V2) (y V2)); 2 ((xy) 2)(xyz);

Answered: 1 week ago

Question

★★★★★
Find the mean lifetime of a series system of two components when the component lifetimes are respectively uniform on (0, 1) and uniform on (0, 2). Repeat for a parallel system.

Answered: 1 week ago

Question

★★★★★
Kindle Company has a five-day workweek and pays salaries of $70,000 each Friday. 1. Prepare the adjusting entry required on May 31, assuming that June 1 falls on a Wednesday. 2. Prepare the journal...

Answered: 1 week ago

Question

★★★★★
Describe the role of IT in your organization or an organization that you are familiar with. Does this organization have a formal CIO role? If so, to whom does he or she report?

Answered: 1 week ago

Question

★★★★★
Suponga que las bacterias de una colonia pueden crecer sin control, segn la ley de crecimiento exponencial. La colonia comienza con 5 bacteria y se duplica a cada 5 minutos. iCuntas bacterias...

Answered: 1 week ago

Question

★★★★★
One of the principal roles of the system architect is to Choose the best answer below: Provide objective evidence that specified requirements have been fulfilled by system elements and integrated...

Answered: 1 week ago

Question

★★★★★
1. 1 4 3 dx a) Find the smallest K such that | f(4) (x)| K for 4x7. Fall 2020 b) Use the part (a) answer and the Error Bound formula to find a smallest value of n for which Es10-9.

Answered: 1 week ago

Question

★★★★★
Assume that the coupling between the motor and the inertial load of Problem 14.33 is flexible (e.g., a long shaft). This can be modeled by adding a torsional spring between the motor inertia and the...

Answered: 1 week ago

Question

★★★★★
Your company has a Microsoft 365 subscription. You need to implement multi-factor authentication (MFA) by using a risk-based Conditional Access policy. What should you do first? Select only one...

Answered: 1 week ago

Question

★★★★★
Intermediate accounting 1 682 Chapter 13 prevailing market rate on January 1 of that year. Eden also entered into an interest rate swap agreement related to this loan. Under the terms of the swap...

Answered: 1 week ago

Question

★★★★★
Suppose you have been asked to design a program intended to train airline flight attendant trainees in emergency evacuation procedures. You are now designing the evaluation study to show that the...

Answered: 1 week ago

Question

★★★★★
What is the idea of a balanced scorecard? How is this different from the training stakeholder scorecard (also presented in this chapter)? How can these two scorecards be applied to HRD and training?

Answered: 1 week ago

Question

★★★★★
What is the advantage, if any, to expressing the benefits of conducting HRD programs in monetary terms? Briefly describe the return on investment (ROI) and utility analysis approaches. What are the...

Answered: 1 week ago

Previous Question Next Question