Wilson Pharmaceuticals has done very well in the stock market during the last three years. Its stock has risen from $35 per share to S60 per share. Its P/E ratio is 15.00. Its current statement of net...

Extracted text: Wilson Pharmaceuticals has done very well in the stock market during the last three years. Its stock has risen from $35 per share to S60 per share. Its P/E ratio is 15.00. Its current statement of net worth is: Common stock (3 million shares issued; 10 million shares authorized) Retained earnings $ 42,000, e00 48, 000, 000 I Net worth $90, 000, 000 o. How many shares would be outstanding after a two-for-one stock split? (Enter the answer in millions.) Number of shares million b. How many shares would be outstanding after a three-for-one stock split? (Enter the answer in millions.) Number of shares million c. Assume Wilson earned $12 million. What would its EPS be before any stock split, after the two-for-one stock split and after the three- for-one stock splits? (Round the final answers to 2 decimal places.)


Extracted text: c. Assume Wilson earned $12 million. What would its EPS be before any stock split, after the two-for-one stock split and after the three- for-one stock splits? (Round the final answers to 2 decimal places.) EPS before split: EPS after 2:1 split EPS after 311 split 4.00 2.00 1.00 d. What would the price per share be before and after the two-for-one and the three-for-one stock splits? (Assume the P/E ratio of 15.00 stays the same) (Do not round intermediete calculations. Round the final answers to 2 decimal places.) 30.00 Price after 2-1 split Price after 3-1 split 15.00