Answer:
a) Number of shares after stock split = Total outstanding shares before split × 2
=24, 000 shares × 2
=48,000 shares
Number of shares immediately after stock split is 48,000.
b)Under a stock split, the outstanding number of shares are increased as per the split. As per the given information, the split is stock is 2-for-1, therefore, after the stock split the number of outstanding shares will be twice of shares outstanding before the stock split.
Par value of each stock after split= 2
Par value per common stock before stock split = Par common shares / 2
Par value per common stock before stock split
= $1.00 /2
=$0.50
c) Market price per stock after split= 2
Market value per stock after the split= Market price of Sandals common stock / 2
= $29/2
= $14.5
They should be aware of copyright laws. There for no one to steal someone elses work.
Can you please take the picture from the front angle please, thx
Answer:
a. is liable to purchasers as a manufacturer/seller of toys.
Explanation:
Mattel is the producer of the toys even if it was it's manufacturer in China that made the toys. Using lead paint can lead to poisoning of children. So the toys produced can be considered to be harmful and defective.
The manufacturer of a product has a product liability on every good delivered to the consumer. Product liability is that borne by the manufacturer of a good for putting defective product in the hand of the consumer.
So for any damage or health issues that come up as a result of use of the toys, Mattel is liable.