Company stock price-stock split
Gamma Medical's stock trades at $90 a share. The company is contemplating a 3-for-2 stock split. Assuming the stock split will have no effect on the total market value of its equity, what will be the company's stock price following the stock split?
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Prepare a sales journal entry based on the information given above and post it to the Accounts Receivable General Ledger account and to the Accounts Receivable Subsidiary Ledger. (Use November 7 for this transaction date.)
The earnings, dividends and stock prices are expected to grow at 7% per year in the future. using the discounted cash flow approach, what is the equity?
You have received the bank statement for your company's account and need to reconcile it with your cash ledger account. Your records show an ending balance for the month of $12,722.40 while the bank's records show an ending balance of $12,367.16.
How can you calculate the cost of debt? What methods can you use? Provide at least two examples.
The company is contemplating a 3-for-2 stock split. Assuming the stock split will have no effect on the total market value of its equity, what will be the company's stock price following the stock split?
What would you expect to be the total cost of providing room service in a month in which room service revenue amounts to $15,000?
After a 5-for-1 stock split, the Strasburg Company paid a dividend of $0.75 per new share, which represents a 9% increase over last year's pre split dividend. What was last year's dividend per share?
Talmud Book Company borrows $16,000 for 30 days at 9 percent interest. What is the dollar cost of the loan?
The Blankenship company paid a cash dividend of $0.44 per share during the current year and reported 18,000 shares of common stock issued and 2,000 common shares in treasury stock during the current year.
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