Solved: If the common stock had a market price of 180 per share, Accounting Basics

+44 141 628 6080
[email protected]

If the common stock had a market price of 180 per share

Rolling Pin Corporation wholesales ovens and ranges to restaurants throughout the Midwest.

Rolling Pin Corporation, which had 50,000 shares of common stock outstanding, declared a 3-for-1 stock split (2 additional shares for each share issued).

a. What will be the number of shares outstanding after the split?

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?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: If the common stock had a market price of 180 per share

Reference No:- TGS0778356

Now Priced at $30 (50% Discount)

Recommended (94%)

Rated (4.6/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : From a symbolic interactionist standpoint how is behavior

from a symbolic interactionist standpoint how is behavior related to how we think be sure to elaborate your answer

Q : A heat engine takes in 1000j of energy from a hot reservoir

a heat engine takes in 1000j of energy from a hot reservoir and expels 750j of energy to the cold reservoir in each

Q : Using appropriate concepts and ideas from lectures and the

using appropriate concepts and ideas from lectures and the text discuss what a social exchange theorist might find of

Q : A group of backpackers after three days hiking are 35 mi

a group of backpackers after three days hiking are 35 mi west of their starting position on the first day they hiked

Q : If the common stock had a market price of 180 per share

rolling pin corporation wholesales ovens and ranges to restaurants throughout the midwestrolling pin corporation which

Q : Calculate the mean median range variance and standard

age at first child for a sample of women without high school degrees25 17 19 21 23 16 18 22 16 20age at first child for

Q : After paying out 225794 in dividends the balance went into

columbia construction company earned 451888 during the year ended june 30 2011 after paying out 225794 in dividends the

Q : The inside and outside temperature of a carnot refrigerator

the inside and outside temperature of a carnot refrigerator are 10c and 25c respectively the refrigerator takes in 200j

Q : Use sociological terms and concepts from the current or

use sociological terms and concepts from the current or previous chapters and the major sociological theories to

1939018

Questions
Asked

3,689

Active Tutors

1451932

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discussion about idea of the tramp stamp

Jane is doing a study about tattoos. She is interested in studying the idea of the "tramp stamp" (a tattoo in the small of a woman's back).

How code of suburbs differs from the code of street

Q1. Explain how the Code of the Suburbs differs from the Code of the Street? Q2. Explain your general thoughts on the book.

Which are forms of media bias

Question: Which of the following are forms of media bias? (Select all that apply)

How sociological models help understand mental illness

Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently

Cases of local communities using modern technology

Question: Cases of local communities using modern technology to preserve and revive their traditions:

How are schools important in the struggle for power

Question: How are schools important in the struggle for power and status?

Symbolic interactionism took off as a theoretical approach

Question: Symbolic interactionism took off as a theoretical approach to the study of deviance during the 1960s