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Art [367]
4 years ago
5

Whited Products recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $75 per share. If the firm's to

tal market value increased by 6% as a result of increased liquidity and favorable signaling effects, what was the stock price following the split
Business
2 answers:
pychu [463]4 years ago
6 0

Answer:

$19.875

Explanation:

Pre-split = $75

After the Split 4 for 1

75/4 = 18.75

Then increase by 6%

18.75×1.06 =$19.875

Ksivusya [100]4 years ago
3 0

Answer:

$19.98

Explanation:

In a 4-for-1 stock split, the new share price is one fourth of the original price. When you also take into account the increase in market value of 6%, the new stock price following the split, if the original price was $75, is given by:

P = \frac{\$75}{4}*1.06\\P=\$19.975

The new stock price is $19.98

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Answer:

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Explanation:

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From the excerpt above :

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At Schwinn, managers of various new departments in the company were told, "Go out and shape the department the way you feel is b
Alinara [238K]

Answer:

Free-rein Leadership

Explanation:

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4 years ago
Which of the following account records would have the most current
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Answer:All

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3 years ago
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Triss [41]

Answer:

The correct answer is operational structure.

Explanation:

The business supply chain is the organizational structure that allows the client-supplier integration through the departments, areas and functions that generate and transform a good or service, to be delivered to an end customer according to consumer requirements and standards of the market.

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