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

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer; planning;