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THE VING PROBLEM(S) Price/Share Shares Outstanding Stock X Z X Y Z 13-Jan- $ 22.00 36.00 $ 52.00 1000 2000 1000 14-Jan $ 25.00
THE VING PROBLEM(S) Price/Share Shares Outstanding Stock X Z X Y Z 13-Jan- $ 22.00 36.00 $ 52.00 1000 2000 1000 14-Jan $ 25.00 $ 33.00 $ 28.00 1000 2000 2000 15-Jan $ 30.00 $ 29.00 $ 25.00 1000 2000 2000 16-Jan $ 11.00 $ 32.00 $ 23.00 3000 2000 2000 2:1 Split on Stock Z after Close on Jan. 13 "3:1 Split on Stock X after Close on Jan. 15 The base date for index calculations is January 13 Refer to the exhibit above. Calculate a price weighted average for January 13th. 30 33.33 36.67 39.50 42.67 Type here to search
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
4th edition
1405888202, 978-0273711490, 273711490, 978-1405888202
