Roll Corporation (RC) currently has 455,000 shares of stock outstanding that sell for $40 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:a. RC has a five-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)New share price $ b. RC has a 15 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)New share price $ c. RC has a 48.5 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)New share price $ d. RC has a three-for-seven reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)New share price $ e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations and round your answer to the nearest whole number, e. g., 32.)a. New shares outstanding b. New shares outstanding c. New shares outstanding d. New shares outstanding

a. New share price is $24.00

b. New share price is $34.78

c. New share price is $26.94

d. New share price is $93.33

e. We have:

a. New shares outstanding are 758,333.33 shares

b. New shares outstanding are 523,250.00 shares

c. New shares outstanding are 675,675.00 shares

d. New shares outstanding are 195,000.00 shares

Explanation:

a. RC has a five-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price $

The new share price can be calculated as follows:

New share price = Current share price / (5/ 3) = $40 / 1.66666666666667 = $24.00

b. RC has a 15 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price $

The new share price can be calculated as follows:

Stock dividend percentage = 15%, or 0.15

New share price = Current share price / (1 + Stock dividend percentage) = $40 / (1 + 0.15) = $40 / 1.15 = $34.7826086956522

Rounding to 2 decimal places, we have:

New share price = $34.78

c. RC has a 48.5 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $

The new share price can be calculated as follows:

Stock dividend percentage = 48.5%, or 0.485

New share price = Current share price / (1 + Stock dividend percentage) = $40 / (1 + 0.485) = $40 / 1.485 = $26.9360269360269

Rounding to 2 decimal places, we have:

New share price = $26.94

d. RC has a three-for-seven reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $

The new share price can be calculated as follows:

New share price = Current share price / (3 / 7) = $40 / 0.428571428571429 = 93.3333333333332

Rounding to 2 decimal places, we have:

New share price = $93.33

e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)a. New shares outstanding b. New shares outstanding c. New shares outstanding d. New shares outstanding

For part a

New number of shares outstanding = Current number of shares * (5 / 3) = 455,000 * 1.66666666666667 = 758,333.333333335

Rounding to 2 decimal places, we have:

New number of shares outstanding = 758,333.33 shares

For part b

Number of stock share issued = Current shares outstanding * Stock dividend percentage = 455,000 * 15% = 68,250

New number of shares outstanding = Current number of shares + Number of stock share issued = 455,000 + 68,250 = 523,250.00 shares

For part c

Number of stock share issued = Current shares outstanding * Stock dividend percentage = 455,000 * 48.5% = 220,675

New number of shares outstanding = Current number of shares + Number of stock share issued = 455,000 + 220,675 = 675,675.00 shares

For part d

New number of shares outstanding = Current number of shares * (3 / 7) = 455,000 * 0.428571428571429 = 195,000 shares

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; commerce clearing house;