The ACME Toy Company currently has 5,000 share of outstanding stock, with a ...
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Accounting
| The ACME Toy Company currently has 5,000 share of outstanding stock, with a | |||||||||||||
| market price of $19.00 per share. If all else remains constant, what will the price | |||||||||||||
| of ACME's shares be after each of the following? Assume the events are consective (ie - take your answer from a and do the calculations for b) | |||||||||||||
| a. Year 1, a 10% stock dividend. | |||||||||||||
| b. Year 2, a four for one stock split. | |||||||||||||
| c. Year 3, a two for one stock split. | |||||||||||||
| d. Year 4, a 15% stock dividend. | |||||||||||||
| e. What would the total number of shares outstanding be after d? | |||||||||||||
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