City Center Pharmacy has 24,500 shares of stock outstanding with a par value of $1 per share and a market value of $18.90 a share. The company just announced a reverse stock split of three-for-five. What will be the market value per share after the reverse stock split?

Q: The stockholders' equity section of the balance sheet of the XYZ Corp. is as follows:…

A: Given, Common Stock (Before stock Split ) = $ 24,000,000 Par Value = $ 6

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A: The journal entries are prepared to keep the record of day to day transactions of the business.

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A: Therefore, the total cost is $370,000.

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A: Honor code: Since you have posted a question with multiple sub-parts, we will solve the first three…

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A: Calculation of the existing EPS (Earnings per Share) is shown below:

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Q: price would you expect U

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A: Shareholders/ Owner’s equity: The shareholders are the owners of the company and the shareholders…

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.