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]
2 years 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:
pochemuha2 years 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
The sum of Jim's weight and Bob's weight is 180 pounds. If you subtract Jim's weight from Bob's weight, you get half of Bob's we
Furkat [3]

Answer:

120 pounds

Step-by-step explanation:

We can use systems of equations to solve this problem. Assuming j is Jim's weight and b is Bob's weight, the equations are:

j + b = 180

b - j = 1/2b

Let's get b - j = 1/2b into standard form (b, then j, then the equal sign, then the constant.)

b - j = \frac{b}{2}\\\frac{b}{2} - j = 0

Now we can solve using the process of elimination.

b + j = 180\\\\\frac{b}{2} - j = 0\\\\b + \frac{b}{2} = 180\\\\b + b \cdot 2 = 180\cdot 2\\3b = 360\\b = 120

Now we know how much Bob weighs, for fun, let's find Jim's weight by substituting into the equation.

120 + j = 180\\j = 180-120\\j = 60

So Bob weighs 120 pounds and Jim weight 60 pounds.

Hope this helped!

4 0
3 years ago
Read 2 more answers
What is the prime factorization of 102
morpeh [17]
<span>102 is a composite number. 102 = 1 x 102, 2 x 51, 3 x 34, or 6 x 17. Factors of 102: 1, 2, 3, 6, 17, 34, 51, 102. Prime factorization: 102 = 2 x 3 x 17.</span>Apr 28, 2014prime factors of 102 | Find the Factors<span>https://findthefactors.com/tag/prime-factors-of-102/</span>
5 0
3 years ago
Find the slope of the line that passes through (-3,-1) and (-5,4)
tester [92]

Line is Passing through the Points (-3 , -1) and (-5 , 4)

Slope of a Line Passing through two points (x₁ , y₁) and (x₂ , y₂) is given by :

\heartsuit\;Slope(m) = \frac{y_1 - y_2}{x_1 - x_2}

here x₁ = -3 and x₂ = -5 and y₁ = -1 and y₂ = 4

\heartsuit\;Slope(m) = \frac{-1 - 4}{-3 + 5} = \frac{-5}{2}

3 0
3 years ago
Which of the following illustrates the truth value of the given statements?
Ierofanga [76]

Answer:

FT\rightarrow T

Step-by-step explanation:

If p and q are two statements, then you can use the following table to find the value of p\vee q:

\begin{array}{ccccc}p&|&q&|&p\vee q\\ \\T&|&T&|&T\\T&|&F&|&T\\F&|&T&|&T\\F&|&F&|&F\end{array}

If

p: 7 is an even number  - is false, because 7 is not an even number (F)

q: 3 is the square root of 9 - true, because 3 is the square root of 9 (T),

then according to the above table, p\vee q is true.

Correct option

FT\rightarrow T

6 0
3 years ago
Find the area of the circle. Round your answer to the nearest hundredth. 3 in
forsale [732]

Answer:

28.27 or 28 rounded up.

7 0
3 years ago
Read 2 more answers
Other questions:
  • A cable weighing 0.6 pounds per foot is attached to a small 80-pound robot, and then the robot is lowered into a 40-foot deep we
    9·1 answer
  • Suppose M is the midpoint of segment CD, CM = 5x-12 and MD = 2x + 9. What is x?​
    7·1 answer
  • Determine the horizontal change of a line with an x-intercept at (-5, 0) and a y-intercept at (0, 4). Type a numerical answer in
    8·1 answer
  • Help pleaseeee attachment below
    5·1 answer
  • What is Algebra?<br>What is a equation?​
    5·1 answer
  • Will give Brainliest
    9·1 answer
  • Find the odds of selecting the later “I” from the word brilliant ?
    11·1 answer
  • Which expression is equivalent to the expression shown? (5^4)2
    12·1 answer
  • The midpoint between x and 27 is -3. Find x.
    6·1 answer
  • Hi<br> Can u please help<br> i will pick the best one
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!