Robinsons has 45000 shares of stock outstanding with a par, Financial Management

+44 141 628 6080
[email protected]

Robinsons has 45000 shares of stock outstanding with a par

Robinson's has 45,000 shares of stock outstanding with a par value of $1.00 per share and a market price of $56 a share. The balance sheet shows $45,000 in the common stock account, $470,000 in the paid in surplus account, and $440,000 in the retained earnings account. The firm just announced a 5-for-3 stock split. How many shares of stock will be outstanding after the split?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Robinsons has 45000 shares of stock outstanding with a par

Reference No:- TGS01236491

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Examine historical literature to the most current period

Examine historical literature to the most current period to see the growth of romanticism and EXISTENTIALISM. any major developments

Problem concerning consensual sexual relationship

Question: Jena and Ben are employees of Big City Electronics. They began to have a consensual sexual relationship.

Problem on journal articles and non-journal materials

Amanda said? Excellent post, Chrystal. You provided great insight into the helpful resource ERIC digital library is. I appreciate how it states the information

Discussion about the nature versus nurture

In our readings, we learn more about the nature versus nurture argument. For this discussion, I want you to go in depth a bit more and debate the importance

Identify one antecedent, one behaviour, and one consequence

Sahir is the most active student in your kindergarten class. He tends to be very disruptive when the teacher you work with is teaching the class,

Discussion about gender stereotyping

Prior to your taking this graduate HR law class you had heard of the term "gender stereotyping," but didn't know much about it.

Problem regarding the america youth and social media

Think about where you were the most and least engaged when reading a classmate's draft. Think about what captured your attention

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Robinsons has 45000 shares of stock outstanding with a par

Reference No:- TGS01236491

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : The principal use of an article refers to a the purpose for

Q : Blanchford enterprises is considering a project that has

Q : Suppose petron management team will choose the strategy

Q : Famas llamas has a weighted average cost of capital of 95

Q : Robinsons has 45000 shares of stock outstanding with a par

Q : Suppose that general motors issued a bond with 10 years

Q : Trident corp recently purchased machinery parts worth 235

Q : Your portfolio is 330 shares of davis inc the stock

Q : A firm can purchase new equipment for 1600000 initial