knight5910
05.05.2020 •
Business
Bermuda Triangle Corporation (BTC) currently has 320,000 shares of stock outstanding that sell for $95 per share. Assume no market imperfections or tax effects exist. Determine the share price and new number of shares outstanding if: (Do not round intermediate calculations. Round your price per share answers to 2 decimal places, e.g., 32.16, and shares outstanding answers to the nearest whole number, e.g., 32.) a. BTC has a five-for-three stock split. b. BTC has a 12 percent stock dividend. c. BTC has a 38.5 percent stock dividend. d. BTC has a four-for-seven reverse stock split.
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