Par value per share be after the split, Finance Basics

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Par value per share be after the split

Problem:

Edie's Health and Beauty Supply has 125,000 shares of stock outstanding with a par value of $1 per share and a market value of $5 a share. The company has retained earnings of $76,500 and capital in excess of par of $340,000. The company just announced a 1-for-5 reverse stock split.

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Question 1: What will the par value per share be after the split?

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Finance Basics: Par value per share be after the split

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Finance Basics: Par value per share be after the split

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Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Par value per share be after the split

Reference No:- TGS0878453

Recent Questions Asked Finance Basics

Q : What is the invoice price

Q : Changing business processes

Q : What is the expected rated of return

Q : Call option with an exercise price

Q : Par value per share be after the split

Q : Net present value of acquiring alto to solo

Q : Value of one call option

Q : Lease relative to the purchase

Q : Risk decomposition and risk aggregation

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