Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. xyz 424,869 shares of common stock outstanding, a

XYZ 424,869 shares of common stock outstanding, a P/E ratio of 8, and $512,556 in...

80.2K

Verified Solution

Question

Finance

image
XYZ 424,869 shares of common stock outstanding, a P/E ratio of 8, and $512,556 in net income. The board of directors has just voted in favor of a 3 for 2 stock aplit. You owned 210 shares before the stock solit. How many shares will you own after the sple? SET YOUR CALCULATOR TO A DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 433.5000. ENTER IT AS 434

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question 6: ABC Co. is considering replacing an old computer with a new one. The old...

Finance
Q

Write down and explain in words and/or graphs the five Multiple Linear Regression (MLR) assumptions.

Statistics
Q

Question: How to delay this code from 1 second delay to 0.5 second delay? org 0000h; ljmp main; org...

Electrical Engineering
Q

Discuss the needed short-term and long-term goals needed to be achieved in order to accomplish your...

General Management
Q

Which of the following is FALSE about the quadrant streak method?a) It enables us to...

Biology
Q

V s cut by the transversal line t Which THREE angl

Geometry
Q

6 and Find the length of the hypotenuse side c of a right triangle with...

Basic Math
Q

3) Ryan and Nat each have income of over $200,000. During the year, they paid...

Accounting
Q

On January 1, 2024, the general ledger of ACME Fireworks includes the following account balances:...

Accounting
Q

How much ovorhead is allocated to the basic model? To the professional model? Begin by...

Accounting
Q

A company has outstanding 259 $1,000 bonds, each convertible into 31 shares of $19 par...

Accounting
Q

Please help solve! This question:2 pointigi possible (9) Submit quit...

Accounting