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Bermuda Triangle Corporation (BTC) currently has 310,000 shares of stock outstanding that sell for $94 per share. Assume no market imperfections or tax effects exist. Determine the share price and ne

Bermuda Triangle Corporation (BTC) currently has 310,000 shares of stock outstanding that sell for $94 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.

   
Price per share $
Shares outstanding  
 


b. BTC has a 11 percent stock dividend.

   
Price per share $
Shares outstanding  
 


c. BTC has a 39.0 percent stock dividend.

   
Price per share $
Shares outstanding  
 


d. BTC has a four-for-seven reverse stock split.

   
Price per share $
Shares outstanding

May 16 2021 View more View Less

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