Solved

A Firm Has a Total Market Value of $89,600 with 6,500

Question 42

Multiple Choice

A firm has a total market value of $89,600 with 6,500 shares of stock outstanding.What will be the total market value of the firm if it does a 1-for-2 reverse stock split?


A) $179,200
B) $148,300
C) $122,300
D) $89,600
E) $44,800

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q37: The information content of a dividend increase

Q38: Brown's Market has 15,000 shares of stock

Q39: Which one of these is a con

Q40: Firms generally:<br>A)set high target payout ratios when

Q41: A small stock dividend is generally defined

Q43: According to the clientele effect,firms can only

Q44: Kelso's balance sheet shows $15,000 in the

Q45: Samuel's has 42,000 shares of stock outstanding

Q46: The Saw Mill has shares of stock

Q47: A scenario exists that supports an argument