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Wilson Pharmaceuticals' stock has done very well in the market during the last three years. It has risen from $45 to $70 per share. The
Wilson Pharmaceuticals' stock has done very well in the market during the last three years. It has risen from $45 to \$70 per share. The firm's current statement of stockholders' equity is as follows: a-1. How many shares would be outstanding after a two-for-one stock split? Note: Do not round intermediate calculations. Input your answer in millions (e.g., $1.23 million should be entered as "1.23"). a-2. What would be its par value? Note: Do not round intermediate calculations and round your answer to 2 decimal places. b-1. How many shares would be outstanding after a three-for-one stock split? Note: Do not round intermediate calculations. Input your answer in millions (e.g., $1.23 million should be entered as "1.23"). b-2 What would be its par value? Note: Do not round intermediate calculations and round your answer to 2 decimal places. c. Assume that Wilson earned $14 million. What would its earnings per share be before and after the two-for-one stock split? After the three-for-one stock split? Note: Do not round intermediate calculations and round your answers to 2 decimal places. d. What would be the price per share after the two-for-one stock split? After the three-for-one stock split? (Assume that the price-earnings ratio of 10.00 stays the same.) Note: Do not round intermediate calculations and round your answers to 2 decimal places
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