Roll Corporation (RC)
Roll Corporation (RC) currently has 147,000 shares of stock outstanding that sell for $67 per share. Assume no market imperfections or tax effects exist.
Required:
Determine the share price and new number of shares outstanding if (Do not include the dollar signs ($). Round your price per share to 2 decimal places. (e.g., 32.16) and other values to the nearest whole dollar amount. (e.g., 32)):
(a) RC has a seven-for-three stock split.
Price per share $
Shares outstanding
(b) RC has a 17 percent stock dividend.
Price per share $
Shares outstanding
(c) RC has a 43 percent stock dividend.
Price per share $
Shares outstanding
(d) RC has a two-for-three reverse stock split.
Price per share $
Shares outstanding
12 years ago
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