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Simmons Mineral Operations, Incorporated ( SMO ) , currently has 1 5 2 , 0 0 0 shares of stock outstanding that sell for $

Simmons Mineral Operations, Incorporated (SMO), currently has 152,000 shares of stock outstanding that sell for $61 per share. Assume no market imperfections or tax effects exist.
1a. What will the share price be after SMO has a eight-for-four stock split?
New share price
1b. What will the share price be after SMO has a 14 percent stock dividend?
1c. What will the share price be after SMO has a 42% stock dividend?
1d. What will the share price be after SMO has a six-four-nine reverse stock split?
2a. Determine the new number of shares, outstanding and requirement 1a.
2b. Determine the new number of shares outstanding in requirement 1b.
2c. Determine the new number of shares outstanding in requirement 1c.
2d. Determine the new number of shares outstanding in requirement 1d.
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