1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
puteri [66]
1 year ago
15

Assume that you own 1,500 shares of $10 par value common stock and the company has a 5-for-1 stock split when the market price p

er share is $30. How many shares of common stock will you own after the stock split?
Mathematics
1 answer:
pochemuha1 year ago
8 0

After the stock split, I would have 7500 shares

A stock split is a method by which a company increases the number of its shares outstanding. A stock split leads to a fall in the price per share of the company. A stock split does not have any effect on the market capitalisation of a firm.

A five for one split means that for every one stock a shareholder owns, it is multiplied by 5

Number of stocks a shareholder has after a 5-for-1 stock split = 5 x number of stocks the shareholder had before the split

5 x 1500 = 7500 shares

To learn more about stock splits, please check: brainly.com/question/15685682?referrer=searchResults

You might be interested in
What is 0.4 divided by 0.242? Divide and check your answer using multiplication. Show your work.
Setler79 [48]
0.4 divided by 0.242 = 0.605 then you can either multiply. 0.4 times 0.605 and get 0.242 or you can do 0.242 times 0.605 and get 0.4 either way will work
5 0
3 years ago
Read 2 more answers
How to find missing numbers in addition and subtraction.
Angelina_Jolie [31]

Answer:

you do the opposite for example: If its x+9=11...You subtract 9 from 11.....if its x-9=11....you do add the 9 to the 11

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
Which algebraic expression is a product with the factor of 5
alexgriva [62]

Answer:

B.

Step-by-step explanation:

5(y - 6) means  'Multiply the  difference between y and 6 by 5'.

8 0
3 years ago
Do you know the answer ??
bazaltina [42]

Answer: The answer is 6

7 0
3 years ago
Which of these sets of angle measures could be three angles in a triangle
erastovalidia [21]
It’s going to be B. 50+60+70=180 which is how many degrees are in a triangle.
8 0
2 years ago
Read 2 more answers
Other questions:
  • A radio station surveyed a group of men and women, asking them to name the genre of music they prefer. This table shows the surv
    8·2 answers
  • What is the length of RM or RN
    9·1 answer
  • HELP put these in the right order!!!
    14·1 answer
  • The sum of number y and sixty-one
    10·2 answers
  • Help please T-T worth 10 pts. ​
    12·2 answers
  • The figure shows triangle ABC inscribed in circle D.
    5·2 answers
  • Evaluate the expression when c=4 and d=40 <br><br><br> d-5c
    14·1 answer
  • in a game show, players multiple rounds to score points. Each round has 3 times as many points available as the previous round.
    12·1 answer
  • Exactly 512 tickets were sold for the talent show at Cypress Middle School. The number of student tickets sold was three times t
    5·1 answer
  • What is a correct name for ange 5?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!