Answer: 14,400; $17
Explanation:
Stock splits are a strategy by firms to increase the liquidity of their shares especially when they are trading at a high price. The firm divides the stock by a certain number thus increasing the number of shares by the multiple of the number. This action will divide the price of the stock and thus allow for more trade as they are cheaper.
A 4-for- stock split means that each share will become 4.
Your total number of share will become;
= 4 * 3,600
= 14,400 shares
The new price will be;
= 68/4
= $17 per share
Answer:
annual rate of return = 10.67 %
time required for investment double = 9.60 years
Explanation:
given data
investment doubles = 6
year
annual rate = 7.50%
solution
we get here annual rate of return by rule no 72 that is
investment doubles =
........1
put here value
annual rate of return =
annual rate of return = 10.67 %
so time required for investment double by rule 72
time required for double investment = 
so time required for investment double = 9.60 years
Answer:
(a) 0.0085 rugs per dollar.
(b) 0.0069 rugs per dollar.
Explanation:
We have been given that Hokey Min's Kleen Karpet cleaned 75 rugs in October, consuming the following resources: Labor: 520 hours at $17 per hour.
(a) To find the labor productivity per dollar, we will divide number of rugs by amount spent on labor.




Therefore, the labor productivity is 0.0085 rugs per dollar.
(b) To find the multi-factor productivity, we will divide number of rugs by total cost or expenses.








Therefore, the multi-factor productivity is 0.0069 rugs per dollar.
I think the Constitution provides that the total number of seats in the House shall be distributed among the States on the basis of their respective populations.
B. Determine savings or debt :)