s A corporation declares a 2 for 1 stock split. Prior to the stock split the corporation has 100,000 sharesof common stock outstanding. After the stock split the corporation will have 200,000 shares ofcommon stock outstanding. An investor owns 50 shares of the common stock prior to the stock split.How many shares will this investor own after the stock split?O 100O 50O 251 billion

Stock split is a situation in which one share of the company is being broken or split into multiple…

Answered: A corporation declares a 2 for 1 stock…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A corporation has 49,000 shares of $27 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be O a. 147,000 shares. O b. 49,000 shares. OC. 12,250 shares O d. 196,000 shares.
Assume a company declares a 3-for-2 stock split. The pre-split price is $300 per share. You own 100 shares of the stock prior to the split. Which of the following statements characterizes your position after the split? a) you own 50 shares of a $600 per share stock b) you own 150 shares of a $200 per share stock c) you own 150 shares of a $450 per share stock d) you own 200 shares of a $150 per share stock
A corporation, which had 24,900 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 53e95dfc6067fb6_1 shares b. If the common stock had a market price of $150 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 53e95dfc6067fb6_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. No Entry fill in the blank 58010d03701507a_2 fill in the blank 58010d03701507a_3 No Entry fill in the blank 58010d03701507a_5 fill in the blank 58010d03701507a_6
You currently own 200 shares of stock valued at $700 per share. If the firm declares a 7-for-1 stock split, you will own ________ shares Select one: a. 700 b. 1,200 c. 600 d. 1,400
A corporation has 45,000 shares of $23 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be a.45,000 shares. b.135,000 shares. c.11,250 shares. d.180,000 shares.
A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a. What will be the number of shares outstanding after the split?fill in the blank 6d98aa0e7fb202d_1 shares b. If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 6d98aa0e7fb202d_2 per share Question Content Area c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select -
Indicate whether the following statements are true or false. If the statementis false, explain why.b. If you own 100 shares in a company’s stock and the company’s stocksplits 2-for-1, then you will own 200 shares in the company followingthe split.
A corporation, which had 37,300 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 7511bf07efebf9c_1 shares b. If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 7511bf07efebf9c_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. blank - Select - - Select - - Select - - Select -
1. The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 40,000 shares were originally issued and 10,000 were subsequently reacquired. What is the number of shares outstanding? A. 30,000 B. 50,000 C. 10,000 D. 40,000 2. The par value per share of common stock represents the a. minimum amount the stockholder will receive when the corporation is liquidated. b. minimum selling price of the stock established by the articles of incorporation. c. amount of dividends per share to be received each year. d. dollar amount assigned to each share.
A corporation issued shares with par value of P 200.00, subsequently, the corporation purchased the share at par value. If the shares are sold by the corporation for P 150.00 per share, N subscribed for 100 shares of the corporation and paid the 70 shares. 2.1 May he be issued stock certificates for the 70 shares? Explain your answer.
A corporation has 800,000 ordinary shares outstanding, Recently, the corporation bought 100,000 shares of its own stock. At the end of the year, the corporation has P320,000 available to distribute to ordinary shareholders. What are the dividends paid per share? a. P0.40 b. P0.46 c. P2.19 d. P2.50

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