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Daniel [21]
3 years ago
11

A corporation has 12,000 shares of $20 par stock outstanding that has a current market value of $150. If the corporation issues

a 4-for-1 stock split, the market value of the stock will fall to approximately $50.
a. True
b. False
Business
1 answer:
belka [17]3 years ago
5 0

Answer:

False

Explanation:

In a 4-for-1 stock split, for every 1 share held by shareholders, it is multiplied to 4.

if outstanding shares is 12,000, after the split the shares outstanding pictures becomes 12,000 x 4 = 48,000

Market value of shares outstanding = $150 / 4 = $37.50

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producers of the bags of popcorn because they will sell more to the movie theater

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How would a computer enhance the productivity of a business
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Merger Co. has 10 employees, each of whom earns $2,250 per month and has been employed since January 1. FICA Social Security tax
Elis [28]

Answer:

March 31

Dr. Payroll Tax Expense: 3071.25

Cr. FICA- Social security taxes payable:

1395

Cr. FICA- Medicare taxes payable:

326.25

Cr. SUTA-State unemployment taxes payable:

1215

Cr. FUTA- Federal unemployment taxes payable: 135

Explanation:

March 31

Dr. Payroll Tax Expense: 3071.25

Cr. FICA- Social security taxes payable:

(6.2%×$2,250) 1395

Cr. FICA- Medicare taxes payable:

(1.45%×$2,250) 326.25

Cr. SUTA-State unemployment taxes payable:

(5.4$×$2,250) 1215

Cr. FUTA- Federal unemployment taxes payable: (0.6%×$2,250) 135

3 0
3 years ago
Which of the following exists when a country can produce something more cheaply and/or of higher quality than any other country
shusha [124]

Answer:

they have the prime market I think? I don't see any options on here to know what direction the question is going.

8 0
3 years ago
A cafeteria buys muffins daily. Demand varies Uniformly between 30 and 50 muffins per day. The cafeteria pays $.20 per muffin an
kakasveta [241]

Answer:

The optimal stocking level is 45 muffins.

Explanation:

First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2

Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60

Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75

Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)

optimal stocking level = 30 + 0.75*(50-30) = 45

The optimal stocking level is 45 muffins.

Optimal stocking level = 68.75 Muffins

5 0
3 years ago
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