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please explain! Question 16 5 pts 16) You own 200 shares of Wheels Up...

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Accounting

imageplease explain!
Question 16 5 pts 16) You own 200 shares of Wheels Up Co. Each share is trading for $28.00. Wheels Up Co. has just announced a cash dividend of $2.50 per share with an Ex-Dividend date of October 15th. Wheels Up Co. has also announced a 3-for-1 stock split with an effective date of October 31st Assume your relevant personal tax rate is 12%. a) What will Wheels Up Co's share price be on October 15th (assuming the above dividend information is the only thing that may or may not impact share price between now and October 15th) b) What will Wheels Up Co's share price be on October 31st (assuming the above dividend information is the only thing that may or may not impact share price between now and October 31st) c) How much income tax, if any, will you owe as a result of the above two transactions 12pt Paragraph B I VAT +

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