Blue light management Inc and New wealth Corp each have 50,000 shares outstanding and both stocks trade for $8 per share
Posted: Wed Apr 06, 2022 9:02 am
Blue light management Inc and New wealth Corp each have
50,000 shares outstanding and both stocks trade for $8 per share.
Blue light management pays a dividend of $0.75 per share and New
wealth pays a 5 percent stock dividend. After the dividends
are paid, what are the number of shares outstanding for Blue
light management Inc and New wealth Corp?
50,000 shares outstanding and both stocks trade for $8 per share.
Blue light management pays a dividend of $0.75 per share and New
wealth pays a 5 percent stock dividend. After the dividends
are paid, what are the number of shares outstanding for Blue
light management Inc and New wealth Corp?