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
It would be part of <span>controlling</span>
Costs incurred prior to the current project are Sunk Costs .
<h3>What are
Sunk Costs?</h3>
sunk cost are those cost that that is been incurred without any recovery.
It can be used in decision making, which is seen as bygone and are not taken into consideration for continuity, hence, they are incurred prior to the current project .
Learn more about Sunk Costs at:
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Answer:
1.Insurance
2.Computer Crashes
3.Having to go to another City
Answer: Allocating indirect expenses to the department.
Explanation:
Indirect Expenses are those expenses that the entire business incurred and not just that particular department or segment. This means that it cannot be directly attributed to any one instrument of expense such as products or services.
This is why when it comes to allocating indirect costs which has to be done to maintin proper records, apportioning those costs to each department is challenging because the amount of cost due is not plain or direct.