Answered step by step
Verified Expert Solution
Question
1 Approved Answer
pleases provide ans of part a, b,c Wison Pharmaceuticals has done very well in the stock market during the last thisee years, lis stock has
pleases provide ans of part a, b,c
Wison Pharmaceuticals has done very well in the stock market during the last thisee years, lis stock has risen from 545 per share 19 \$ro per share. Its Pf ratio is 700 , its current statement of net worth Is: a. How many shares would be outstanding after a two for-one stock split? (Enter the answer in millions.) Number of shares 8 million b. How many shares would be outstanding after a three.for one stock split? (Enter the answer in millions.) Number of shares milion c. Assume Wilson eamed $10 mililon. What would its EPS be before and after the two-for-one stock split? (Round the final answe c. Assume Wilson earned $10 million. What would its EPS be before and after the two-for-one stock split? (Round the final answers to 2 decimal ploces.) d. What would the price per share be before and after the two-for-one and the three-for-one stock splits? (Assume the PiE ratio of 7.00 stays the same) (Do not round intermediate calculations. Round the finol answers to 2 decimal places.) e. Should a stock split change the P/E ratio for Wilson? Yes No Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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