On july 1, black corporation had 200,000 shares of $10 par common stock outstanding. the market price of the stock was $12 per share. on the same date, black declared a 1 for 2 reverse stock split. the par value of the stock was increased from $10 to $20, and one new $20 par share was issued for each two $10 par shares outstanding. immediately before the reverse stock split, black's paid-in capital--excess of par account equaled $4,000,000. what should be the balance in black's paid-in capital--excess of par account immediately after the reverse stock split?
a. $450,000b. $650,000c. $850,000d. $1,050,000

Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.

Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.