Garnetta will have 3,200 shares worth $ 34,125 each.
Given that Garnetta owned 2400 shares of Metropolitan Corporation at a price of $ 45.50, and the stock split 4-for-3, to determine how Garnetta was financially affected by the split the following calculation must be performed:
- 3 = 2400
- 4 = X
- 4 x 2400/3 = X
- 9600/3 = X
- 3200 = X
- (2400 x 45.50) / 3200 = X
- 109200/3200 = X
- 34.125 = X
Therefore, Garnetta will have 3,200 shares worth $ 34,125 each.
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-7n=63
n=-9 is your final answer. Hope it help!
4/5x + 4/3 = 2x....there are 2 ways to do this...one with fractions, one without.
with :
4/5x + 4/3 = 2x
4/3 = 2x - 4/5x
4/3 = 10/5x - 4/5x
4/3 = 6/5x
4/3 * 5/6 = x
20/18 = x
10/9 = x
without :
4/5x + 4/3 = 2x....multiply by common denominator of 15
12x + 20 = 30x
20 = 30x - 12x
20 = 18x
20/18 = x
10/9 = x