Question
The question of filling in the blanks needs to be explained in detail 1.Built Rite Corp. is evaluating an extra dividend versus a share repurchase.
The question of filling in the blanks needs to be explained in detail
1.Built Rite Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings are $0.80 per share, and the stock currently sells for $33 per share. There are 250 shares outstanding. Ignore taxes and other imperfections. You own one share of stock in this company. If the company issues the dividend, your total investment will be worth ____ as compared to ____ if the company opts for a share.
2.The owners' equity accounts for Blueswell Industries are shown here: If Blueswell Industries declares a 1-for-5 reverse stock split, there will be ____ shares outstanding at a par value of _____ per share.
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