help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / On January 1, 2021 Warner Corpporation has $,000 common shares outstanding

On January 1, 2021 Warner Corpporation has $,000 common shares outstanding

Finance

On January 1, 2021 Warner Corpporation has $,000 common shares outstanding. On Feb 15, 2021 the board of directors declares a 4-for-1 stock split. How many total common shares will be outstanding after the stock split is paid?

 

Ebter as a whole number.

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Computation of Total Common Shares outstanding after the Stock split is paid:

Number of Shares = 1,000 

Stock Split ( 4 for 1) = 1000 common shares * 4 = 4,000 common shares

So, 4,000 common shares will be outstanding after stock split.

 

Note: As there is dollar sign instead of number. So, I have assumed there are 1,000 common shares.

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)