Timothy owns 880 shares of Countess Corporation, which is priced at $14.21 per share. The company plans a 1-for-6 revers

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Timothy owns 880 shares of Countess Corporation, which is priced
at $14.21 per share. The company plans a 1-for-6 reverse stock
split. How many shares will Timothy own and what will the share
price be after the reverse stock split?
a. 147; $14.21
b. 147; $85.26
c. 147; $2.37
d. 5,280; $85.26
e. 5.280; $2.37
Boats and Bait has 58,000 shares outstanding that sell for a
price of $54 per share. The stock has a par value of $1 per share.
The company's balance sheet shows capital surplus of $85,000 and
retained earnings of $125,000. If the company declares a stock
dividend of 17.5 percent, what is the new common stock value on the
balance sheet?
a. $168,025
b. $99,875
c. $68,150
d. $314,900
e. $246,750
BGA has 365,000 shares outstanding that sell for $32 per share.
The company plans a 1-for-6 reverse stock split. How many shares
will be outstanding after the split?
a. 69,524 shares
b. 60,833 shares
c, 2,190,000 shares
d. 73,000 shares
e. 50, 694 shares
A company has 450,000 shares outstanding that sell for $96.92
per share. The company plans a 6-for-5 stock split. Assuming no
market imperfections or tax effects, what will the stock price be
after the split?
a. $80.77
b. $96.92
c. $94.61
d. $116.30
e. $92.30