Koko Services, Inc., has just declared a 2-for-1 stock split. The company’s pre-split common stockholders’ equity was as follows: If the pre-split price of common stock was $28.50, what will the new common equity section of the balance sheet look like?
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Koko Services, Inc., has just declared a 2-for-1 stock split. The company’s pre-split common
If the pre-split price of common stock was $28.50, what will the new common equity section of the balance sheet look like? Show all of your calculation work and label all of your work so I can follow your calculation process.
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- 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 -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_6Marcos Company, which had 35,000 shares of common stock outstanding, declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $280 per share before the stock split, what would be an approximate market price per share after the split?$ per share
- A corporation, which had 33,000 shares of common stock outstanding, declared a 3-for-1 stock split. (a) What will be the number of shares outstanding after the split?fill in the blank 1 shares (b) If the common stock had a market price of $69 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 2 per share (c) Is a journal entry required for a stock split?A corporation, which had 24,100 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split? b. If the common stock had a market price of $215 per share before the stock split, what would be an approximate market price per share after the split? c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. - Select - - Select - - Select - - Select -Montedosa Corporation has 400,000 shares of common stock outstanding, a P/E ratio of 8, and P500,000 available for common shareholders. The board of directors has just voted a 3-2 stock split. a. If you have 100 shares of stock before the stock split, how many shares will you have after the split up? b. What was the total value of your investment in Montedosa stock before the split? c. What should be the total value of your investment in Montedosa stock after thesplit?
- Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $100 per share. If the firm's total market value is unchanged by the split, what will be the stock price following the split?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 -Sipacore Inc. is considering one of the three following courses of action: (1) paying a $0.4 cash dividend, (2) distributing a 6% stock dividend, or (3) effecting a 2-for-1 stock split. The current share price is $13 per share.Help Sipacore make its decision by completing the following chart (treat each possibility independently): Before Action After CashDividend After StockDividend AfterStock Split Total assets $1,372,000 $enter a total amount for the first part $enter a total amount for the first part $enter a total amount for the first part Total liabilities $266,000 $enter a total amount for section one of the second part $enter a total amount for section one of the second part $enter a total amount for section one of the second part Shareholders’ equity Common shares 645,000 enter a dollar amount enter a dollar amount enter a dollar amount Retained earnings 461,000 enter a dollar amount…
- Downie Foods recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the firm's total market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price following the split?On March 1, Florida Blue instituted a 5-for-2 stock split. Before the split, Florida Blue had 150 million shares with a price of $205 per share.a) How many shares were outstanding after the split?b) What was the post-split price per share?Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $100 per share. If the firm's total market value is unchanged by the split, what will the stock price be following the split? Select one: a. $28.57 b. $25.43 c. $26.29 d. $28.86 e. $35.71