What happens to the par value, the share's trading price, and the number of shares outstanding in

Question:

What happens to the par value, the share's trading price, and the number of shares outstanding in a 2-for-1 stock split?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

See More Books

Question Posted: Jul 13, 2016 03:49 AM

See More Questions

Indicate the correct order in which to report the following accounts in the stockholders' equity section of the balance sheet: Additional Paid-in Capital, Common Stock, Preferred Stock, Treasury...
The articles of incorporation allow for the issuance of 1 million shares of common stock. During its first year, California Clothing issued 100,000 shares and reacquired 10,000 shares it held as...
A $10,000 investment on the books of a company is sold for $9,000. Under the indirect method, how does this transaction affect operating, investing, and financing activities?
The following are comparative financial statements of the Cohen Company for 2006, 2007, and 2008: Additional information: Credit sales were 65% of net sales in 2007 and 60% in 2008. At the beginning...
Full-of-Nature is a vitamin supplement company in New York that makes different herbal pills for gaining muscular strength, losing weight, and living a healthier life. You have been hired to audit...
How many of the accounts below are temporary accounts? Account Name Accounts Payable Equipment Inventory Prepaid Rent Deferred Revenue Retained Earnings Supplies Note Payable Interest Payable Common...
and s2 2 = .4. a. Find s1x1 - x22. b. Sketch the approximate sampling distribution for 1x1 - x22, assuming 1m1 - m22 = 13.5. c. Locate the observed value of 1x1 - x22 on the graph you drew in part b....
Kase Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment of $190,000 and would yield the following annual cash flows. (1) Assuming...
1. Megans current account balance is $5,000. She will need to spend $1,200 exactly 3 years from now. What is her account balance 5 years from now if the nominal interest rate is 8% per annum...
An Engagement supervisor has asked the audit senior to perform the following procedures related to an engagement. For each procedure listed, identify the financial statement assertion being tested by...
Contrast the effects of a cash dividend and a stock dividend on total assets, total liabilities, and total stockholders' equity.
How is the stockholders' equity section of the balance sheet different from the statement of stockholders' equity?
Carol Garcia and Pedro Salgado were bus drivers for Latino Express, Inc., a transportation company. Garcia and Salgado began soliciting signatures from other drivers to certify the Teamsters Local...
Door-to-Door Marketing.A small nonprofit organization is planning a door-to-door marketing campaign to sell Christmas wrapping and gifts. They plan to visit 10 homes. Consultants have estimated that...
OTHELLO - ACT III QUESTION 1 What are the clowns and musicians doing in front of the castle? QUESTION 2 For what purpose is Cassio there? QUESTION 3 Cassio asks Iago to ask whom to make an...
How does the power of the situation affect how we think, feel, and behave, not just in the lab but in our day-to-day lives? What does social psychological research have to offer as we understand how...
[Replace this text, including the brackets, with an introduction of the claim and the scenario of this hypothesis test. State your null and alternative hypothesis in sentence format. State your null...
Explain how drug addiction affects the brain. Does the childhood environment affect their likelihood of becoming addicted? Give evidence of how it does or does not affect this. Please compare two...
Create the two register circuit shown in Figure 5-47. Include a serial data_in on the X register and functionally simulate. (a) Use two LPM_SHIFTREG megafunctions in a schematic. (b) Use an HDL....
Some people argue that the internal control requirements of the Sarbanes-Oxley Act (SOX) put U.S. companies at a competitive disadvantage to companies outside the United States. Discuss the...
The following bond investment transactions were completed during 2012 by Mission Company: Jan. 21. Purchased 50, $1,000 par value government bonds at 100 plus 20 days accrued interest. The bonds pay...
On May 1, 2012, Todd Company purchased $66,000 of 5% 12-year Lincoln Company bonds at par plus two months accrued interest. The bonds pay interest on March 1 and September 1. On October 1, 2012, Todd...
The investments of Giving Tree, Inc., include a single investment: 9,000 shares of Cardio solutions, Inc. common stock purchased on March 3, 2012, for $22 per share including brokerage commission....
Marigold industries had the following inventory transactions occur during 2020: 2/1/20 Purchase 51 units @ $46 cost/unit 3/14/20 purchase 98 units @ $49 cost/unit 5/1/20 purchase 68 units @ $53...
In this investment portfolio simulation, you and the bean counters, will invest and manage a fictitional amount of $ 1 , 0 0 0 , 0 0 0 during next three weeks. The simulation includes two fictitional...
Roberson Corporation uses a periodic inventory system and the retail inventory method. Accounting records provided the following information for the 2018 fiscal year: Cost Retail Beginning inventory...

What happens to the par value, the share's trading price, and the number of shares outstanding in

Question:

Step by Step Answer:

Stock split means the stock is divided in the sub parts The total stock capital will now be represen...View the full answer

Financial Accounting

Students also viewed these Accounting questions