FINANCE 350 – Suppose you own 3,000 common shares of Laurence Incorporated.
Suppose you personal three,00zero frequent shares of Laurence Integrated. The EPS is $12.00, the DPS is $three.00, and the inventory sells for $90 per share. Laurence declares a 2-for-1 cut up. Instantly after the cut up, what number of shares will you've got, what's going to the adjusted EPS and DPS be, and what would you count on the inventory worth to be?