When is a stock split more likely to occur?

1 answer:

8 0

A stock split is more likely to occur, when the stock price gets higher and higher; so frankly the management split the stock so selling the stock is convenient. Stock split can happen at any time.

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Thrifty Co. reported net income of $573,650 for its fiscal year ended January 31, 2020. At the beginning of that fiscal year, 10

Xelga [282]

Answer:

a. The basic earnings per share of common stock for year ended January 31, 2020 is $3.56 per share

b. If Thrifty Co.’s preferred stock were convertible into common stock, it would be required to calculate Dluted EPS.

Explanation:

a. In order to calculate the BEPS we would have to use the following formula:

BEPS = Net income available to common stockholders / Weighted Avg. no. of common stock

Net income available to common stockholders=$573,650

Weighted Avg. no. of common stock = 100,000 + (30,000 x 3/12)

Weighted Avg. no. of common stock = 107,500

BEPS = Net income available to common stockholders / Weighted Avg. no. of common stock

BEPS = $573,650 / 107,500

BEPS= $3.56 per share

b. If Thrifty Co.’s preferred stock were convertible into common stock, it would be required to calculate Dluted EPS.

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3 years ago

A computerized spreadsheet program is useful for

scoundrel [369]

Helps perform calculations and other manipulations of data

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3 years ago

An ipo is issued in the primary market which is smaller than the secondary market for equities. true /false

WITCHER [35]

The statement is True. An IPO is issued in the primary market which is smaller than the secondary market for equities.

In finance, fairness is the possession of belongings that could have debts or other liabilities connected to them. Equity is measured for accounting functions by subtracting liabilities from the price of the belongings.

Fairness is the amount of capital invested or owned with the aid of the owner of an agency. The fairness is evaluated through the difference between liabilities and assets recorded on the balance sheet of an organization. The worthiness of fairness is primarily based on the prevailing proportion fee or a cost regulated by the valuation experts or investors.

In end, stocks are known as equities because they represent possession in organizations. They let buyers gain from growth however additionally have danger when enterprise situations weaken.

Learn more about equities here brainly.com/question/25847981

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2 years ago

What are the pros and cons of putting your money into your superannuation?

almond37 [142]

One way to make the most of your money is to put any you have left over into your super
For many people, this is a tax effective way to save for the long term.

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3 years ago

_____ management stresses continuous improvement, employee involvement, learning from customers and employees, and accurate stan

bonufazy [111]

Answer: Total quality management.

Explanation:

Total quality management is a management style in which, there is a continuous effort to increase effectiveness of product/services delivered by a company, this is achieved by constantly training workers to effectively carry out their duties and constant communication with consumers of products to know areas that needs improvement in product/service delivery.

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3 years ago