<u>Answer:</u> D. 60,000 shares at $5 per share
<u>Explanation:</u>
The company has 15,000 shares and offers to split the stock four-for-one. It means that the there will be four times the number of shares but the total value of the shares, before and after the split, would remain the same.
The total value of shares = $15,000 x 20 = $300,000
Since the stock split is 4-for-1, the number of shares would be = 15000 x 4
= 60,000 shares
Therefore the total value of shares divided by the number of shares will give us the par value of the shares:
300,000 / 60,000 = $5
Answer:
Best response for Kate
If Hubert chooses left, Kate would have to choose Right so that Kate can make a payoff of 5.
If Hubert chooses right, Kate would still choose right to make a payoff of 5.
Best response for Hubert
If Kate chooses left, Hubert would choose Left to get a payoff of 8.
If Kate chooses right, Darnell would choose right so as to make a payoff of 6.
The dominant strategy is the one that a player can pick regardless of the action of the other play.
<h2><em>The only dominant strategy in this game is for </em><em>
<u>Kate</u></em><em> to choose </em><em><u>
right.</u></em></h2>
Kate will choose right regardless of what Hubert does because it will give the higher payoff. This is the dominant strategy.
<h2><em>The outcome reflecting the unique Nash equilibrium in this game is as follows: Hubert chooses </em><em>
<u>right</u></em><em> and Kate chooses </em><em>
<u>right</u></em><em>.</em></h2>
Kate will always choose right which would prompt Hubert to pick right as wel as as to make a payoff of 6.
Answer:
Vera Incorporated
Change in annual operating income from discontinued business:
Annual Operating Income would reduce by $78,000.
Explanation:
a) Calculation of the Net Income Lost:
Loss of Contribution ($99,000)
Avoidable fixed cost $21,000
Reduction of Income ($78,000)
b) The line of purses contributes $80,000 towards the company's fixed cost. Therefore, discontinuing this line of business would lead to the loss of this steam of income. The amount of reduced operating income will be $78,000 ($80,000 - 2,000).
Answer:
D. the price level is likely to rise as GDP rises.
Explanation:
The aggregate demand measures all the goods produced in an economy at a given price in a particular period.
When the aggregate demand increases, the aggregate demand curve shifts to the right. When aggregate demand increases, aggregate demand exceeds aggregate supply and aggregate price and output would increase.
The last one would most likely be it
