Treasury stock 16,000 shares cost of $6 per share

Question 5 19 0is Company J'reports The following stock information: . Common Stock 86:000 shares, $3 par . Treasury Stock, 10,000 shares, cost of $6 per share . Current Market price is $12 per share Given thet market capitalization is outstanding shares x market price, answer each of the following independent questions A. If Company J distributes a 20% stock dividend, what would be the market capitalization after the stock dividend? B. If Company J declares a 3-for-5 stock split, what would be the market capitalization after the stock split? . Previous Next Not saved SubmD Question 5 10 pla Company J reports the following stock information - Common Stock 86,090 shares. $3 par . Treasury Stock, 16,080 shares, cost of $6 per share . Current Market price is $12 per share Given that market capitalization is outstanding shares x market price, answer each of the following independent questions. A. If Company J distributes a 20% stock dividend, what would be the market capitalization after the stock dividend? B. If Company J. declares a 3-for-5 stock split, what would be the market capitalization after the stock split? Edit View Insert Format Tools Table 12pt - Paragraph BIU A 2 |ED