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Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or...

Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist.
Determine the share price and new number of shares outstanding if


(a)

BTC has a five-for-three stock split.




Price per share

$



Shares outstanding






(b)

BTC has a 15 percent stock dividend.




Price per share

$



Shares outstanding






(c)

BTC has a 42.5 percent stock dividend.




Price per share

$



Shares outstanding






(d)

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




Price per share

$



Shares outstanding


Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist. Required: Determine the share price and new number of shares outstanding if (Do not include the dollar signs ($). Round your price per share answers to 2 decimal places (e.g., 32.16) and other 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 15 percent stock dividend. Price per share $ Shares outstanding (c) BTC has a 42.5 percent stock dividend. Price per share $ Shares outstanding (d) BTC has a four-for-seven reverse stock split. Price per share $ Shares outstanding
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Bermuda Triangle Corporation (BTC) currently has 500,000 shares of stock outstanding that sell for $83 per share. Assuming no market imperfections or tax effects exist.
Required:
Determine the...

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