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Wilson Pharmaceuticals stock has done very well in the market during the last three years. It has risen from $ 5 5 to $ 8
Wilson Pharmaceuticals stock has done very well in the market during the last three years. It has risen from $ to $ per share. The firms current statement of stockholders equity is as follows:
Common stock million shares issued at par value of $ per share $
Paidin capital in excess of par
Retained earnings
Net worth $
a How many shares would be outstanding after a twoforone stock split?
Note: Do not round intermediate calculations. Input your answer in millions eg $ million should be entered as
a What would be its par value?
Note: Do not round intermediate calculations and round your answer to decimal places.
b How many shares would be outstanding after a threeforone stock split?
Note: Do not round intermediate calculations. Input your answer in millions eg $ million should be entered as
b What would be its par value?
Note: Do not round intermediate calculations and round your answer to decimal places.
c Assume that Wilson earned $ million.
What would its earnings per share be before and after the twoforone stock split? After the threeforone stock split?
Note: Do not round intermediate calculations and round your answers to decimal places.
EPS before
EPS after for split
EPS after for split
d What would be the price per share after the twoforone stock split? After the threeforone stock split? Assume that the priceearnings ratio of stays the same.
Note: Do not round intermediate calculations and round your answers to decimal places.
Price after for split
Price after for split
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