A firm has the following balance sheet:
Construct a new balance sheet showing the impact of afour-for-one split. If the current market price of the stock is$57, what is the price after the split? Round the par value and themarket price after the split to the nearest cent, the number ofshares outstanding to the nearest whole number, and the otheranswers to the nearest dollar.
Price of the common stock after the split: $
Construct a new balance sheet showing the impact of a 5 percentstock dividend. After the stock dividend, what is the new price ofthe common stock? Use the original balance sheet from the problemstatement. Round the par value and the market price after the stockdividend to the nearest cent, the number of shares outstanding tothe nearest whole number, and the other answers to the nearestdollar.
Price of the common stock after the stock dividend:$
A firm has the following balance sheet: Construct a new balance sheet showing the impact of a four-for-one split. If the
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