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P19-4. Stock Splits and Stock Dividends Roll Corp. (RC) currently has 460,000 shares of stock outstanding that sell for $50 per share. Assuming no market
P19-4. Stock Splits and Stock Dividends Roll Corp. (RC) currently has 460,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist Determine the share price and new number of shares outstanding if (Round "Price per share" to 2 decimal places. Round "Shares outstanding" to the nearest whole number.) a. RC has a four-for-three stock split Price per share Shares outstanding b. RC has a 20 percent stock dividend. Price per share Shares outstanding c. RC has a 49.50 percent stock dividend. Price per share Shares outstanding d. RC has a three-for-seven reverse stock split. Price per share Shares outstanding
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