The cost was $1.15 billion
<span>practice effects and also collaborating </span>
I believe you have to search a URL of a website on the wayback machine search bar.
Then, you can browse the past-present years of how that website used to look like.
Hope this helps.
Answer:
D) 1,200 shares held at a cost basis of $37.50 per share
Explanation:
Since the company paid a stock dividend, it increased the number of stocks held by the stockholders. The investor initially had 1,000 shares plus a 20% dividend = 1,000 x 1.2 = 1,200 shares. Since each stock should theoretically be worth less, his/her basis should decrease. The basis for each stock was $44(price) + $1(commission) = $45, after the dividend is paid it will be adjusted to $45 / 1.2 = $37.50 per stock
