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Stock split and its effects [LO18-4] Wilson Pharmaceuticals’stock has done very well in the market during the last three years.It has risen from $55 to $80 per share. The firm’s currentstatement of stockholders’ equity is as follows: Common stock (4million shares issued at par value of $10 per share) $ 40,000,000Paid-in capital in excess of par 20,000,000 Retained earnings45,000,000 Net worth $ 105,000,000 a-1. How many shares would beoutstanding after a two-for-one stock split? (Do not roundintermediate calculations. Input your answer in millions (e.g.,$1.23 million should be entered as "1.23").) a-2. What would be itspar value? (Do not round intermediate calculations and round youranswer to 2 decimal places.) b-1. How many shares would beoutstanding after a three-for-one stock split? (Do not roundintermediate calculations. Input your answer in millions (e.g.,$1.23 million should be entered as "1.23").) b-2 What would be itspar value? (Do not round intermediate calculations and round youranswer to 2 decimal places.) c. Assume that Wilson earned $17million. What would its earnings per share be before and after thetwo-for-one stock split? After the three-for-one stock split? (Donot round intermediate calculations and round your answers to 2decimal places.) d. What would be the price per share after thetwo-for-one stock split? After the three-for-one stock split?(Assume that the price-earnings ratio of 18.82 stays the same.) (Donot round intermediate calculations and round your answers to 2decimal places.)