Skiptrace Software Inc. is positioned ideally in the manufacturing and distribution sectors. It is the only company providing highly developed inventory tracking software. The company does a brisk business with companies such as Home Hardware and Roots. Skiptrace Software Inc.'s success has made the company a prime target for a takeover Against the wishes of Skiptrace Software Inc.'s board of directors, an investment group is attempting to buy 55 percent of Skiptrace Software Inc's outstanding shares Board members are convinced that the investment group would sell off the most desirable pieces of the business and leave little of value. At the most recent board meeting, several suggestions were advanced to fight off the hostile takeover bid. One suggestion was to increase the shares outstanding by splitting the company's shares 2 for 1 Required As a significant shareholder of Skiptrace Software Inc., write a short memo to the board advising how a stock split would affect the investor group's attempt to take over Skiptrace Software Inc. Include in your memo a discussion of the effect that the stock split would have on assets, liabilities, and total shareholders' equity; that is, the split's effect on the size of the corporation. Requirement 1 MEMORANDUM TO Board of Directors FROM Shareholder. A stock split results in distribution of to shareholders the number of shares they already own. A stock split will the corporation's The stock split The in may cause the market price and the earnings per share of all shares to because of the supply of the shares. At the most recent board meeting, several suggestions were advanced to fight off the hostile takeover bid. One suggestion was to increase Required As a significant shareholder of Skiptrace Software Inc., write a short memo to the board advising how a stock split would affect the investor of the effect that the stock split would have on assets, liabilities, and total shareholders' equity, that is, the split's effect on the size of the c MEMORANDUM TO: Board of Directors FROM: Shareholder A stock split results in distribution of To shareholders A stock split will t the number of shares they already own. The stock split > the market price and the earnings per share of all shares to because of the cash As proportionate ownersh shares decision whether to sell the shares by each shareholder after the issue of the stock split, each shareholder ted. increas quired a significant shareholder of Skiptrace Software Inc., write a short memo to the board advising how a stock split would affect the investor group's attempt to take ove the effect that the stock split would have on assets, liabilities, and total shareholders' equity; that is, the split's effect on the size of the corporation. HEMORANDUM O: Board of Directors FROM: Shareholder A stock split results in distribution of to shareholders the number of shares they already own. A stock split will the corporation's The stock split may cause the mi s per share of all shares to because of the supply of the shar for more than As decision whether to sell the shares proportionate ownership interest is held by each be affected. e of the stock split, each shareholder increase their influence to fight or for less than Type here to search in proportion to 8 100% Ra MEMORANDUM TO: Board of Directors FROM: Shareholder A stock split results in distribution of to shareholders the number of shares they already own. A stock split will the corporation's The stock split may cause the market price and the earnings per share of all shares to becaus As pi decrease decision whether have no effect on st is held by each shareholder after the issue of the stock split, each shareholder be affected. increase Type here to search 0 N TORANDUM Board of Directors Shareholders equity, that is, the split's effect on the size of the corporation. 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The In supply of the shares. their influence to fight or support the hostile takeover bid. Th 100% Time Remaining: 01:02:4 20.0 Kbps 133.5 Kbps Rain... 4)) E A tribution sectors. It is the only company providing highly developed inventory tracking software. The company does a brisk business with companie ade the company a prime target for a takeover. Against the wishes of Skiptrace Software Inc.'s board of directors, an investment group is attemptin ers are convinced that the investment group would sell off the most desirable pieces of the business and leave little of value. o fight off the hostile takeover bid. One suggestion was to increase the shares outstanding by splitting the company's shares 2 for 1. mo to the board advising how a stock split would affect the investi tal shareholders' equity; that is, the split's effect on the size of the assets and liabilities assets and shareholders' equity ware Inc. Include in your memo a discu the number of shares they already own. The stock split price and the earnings per share of all shares to because of the reholder after the issue of the stock split, each shareholder the number of shares outstanding total shareholders' equity The in supply of the shes. increase their influence to fight or support the hostile takeover bid. The shareholder Time Remaining: 01:02:38 10.0 Kbps Next Fising how a stock split would affect the investor group's attempt to take over Skiptrace Software Inc. Include in your memo a discussion ity; that is, the split's effect on the size of the corporation. ber of shares they already own. The stock split The In ings per share of all shares to because of the supply of the shares. ssue of the stock split, each shareholder increase their influence to fight or support bid. The shareholder decrease increase Time Remaining: 01:02:30 14.6 Kbps Next 1 0.0 Kbps 100% Rain... 07:27 4) ENG 16-03-2022 as Home Hardware and Roots. 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One suggestion Required write a short memo to the board advising how a stock split would a iabilities, and total shareholders' equity; that is, the split's effect on assets and liabilities assets and shareholders' equity the number of common shares outstanding holders the number of shares they already own. total shareholders' equity The stock split may cause the market price and the earnings per share of all shares to be d As proportionate ownership interest is held by each shareholder after the issue of the stock split, each shareholder ., write a short memo to the board advising how a stock split would affect the investor group's attempt to take over Skiptrace Software In -, liabilities, and total shareholders' equity; that is, the split's effect on the size of the corporation. hareholders the number of shares they already own. on's The stock split cause the market price and the earnings per share of all shares to because of the s held by each shareholder after the issue of the stock split, each sh be affected. fall rise supply of the shares. The increase their influence to fight or support the hostile take Time Remainin 0.0 Kbps 00 Kans equity, that is, the spits effect on the size of the corporation. the number of shares they already own. The stock split The in price and the earnings per share of all shares to because of the supply of the shares. areholder after the issue of the stock split, each shareholder inc > fight or support the hostile takeover bid. The sh decreased increased Time Remaining: 01:02:02 1.7 Kbps 10.3 Kbps As proportionate ownership interest is held by each shareholder after the issue of the stock split, each shareholder decision whether to sell the shares Therefore, it is be affected. to see how the stock split would help fight off the takeover bid for the corporation. increase their influence to fight or support the hostile takeover bid. The shareholder Time Remaining: 01:01:52 Next As a significant shareholder of Skiptrace Software Inc., write a short memo to the board advising how a stock split would affect the investor group's atter of the effect that the stock split would have on assets, liabilities, and total shareholders' equity; that is, the split's effect on the size of the corporation. FRO a larger A st stribution of to shareholders the number of shares they already own. a smaller A st the corporation's The stock split the same may cause the market price and the earnings per share of all shares to because of the sup increase their influer As proportionate ownership interest is held by each shareholder after the issue of the stock split, each shareholder decision whether to sell the shares be affected. Therefore, it is to see how the stock split would help fight off the takeover bid for the corporation. erest is held by each shareholder after the issue of the stock split, each shareholder be affected. ck split would help fight off the takeover bid for the corporation.. B increase their influence to fight or support the hostile takeover bid. will will not Time Remaining: 01:01 12.9 Kbps FROM: Shareholder A stock split results in distribution of ders the number of shares they already own.. A stock split will The stock split should he market price and the earnings per share of all shares to because of the should not As proportionate owners each shareholder after the issue of the stock split, each shareholder decision whether to sell the shares be affected. Therefore, it is to see how the stock split would help fight off the takeover bid for the corporation. increase their FROM: Shareholder A stock split results in distribution of to shareholders the number of shares they already own. A stock split wi the corporation's The stock split may cause the market price and the earnings per share of all shares to bec- easy As hard decision wheth 'es nership interest is held by each shareholder after the issue of the stock split, each shareholder be affected. Therefore, it is to see how the stock split would help fight off the takeover bid for the corporation