Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

some isend of divend The eapeli accourth for the firm are as fotons: value The companys stock a sefing for $40 per share the company

image text in transcribed
image text in transcribed
some isend of divend The eapeli accourth for the firm are as fotons: value The companys stock a sefing for $40 per share the company had total eamngs of $8000000 darg the year wh 2000000 thares notstanding earings per thare were 94 The firm now a Pit raso of 10 n. What ad ustmerit would have 10 be made ta the caphat accounts for a 10 percent stock dividendr ghow the ncw capital accounts. Celeuietions and round yeul anwwere io 2 deciensi places.) b. What adustinents woud be mace to EPS and the sockk pesce? (Aswome the Pe ratio iemains conitant) (Do not round imermediate calculations and round your answers to 2 decimat ploces? nnd tound your wnwwer to the newrest whole share. interriediste celculatiens and mound your answers to she hearest whele dolf sy)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions

Question

How flying airoplane?

Answered: 1 week ago