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harkovskaia [24]
2 years ago
12

Company X has 20M shares outstanding at $15 per share. Management has announced a 2 for 1 stock split. What would be the new mar

ket cap of the Company X?
Business
1 answer:
dlinn [17]2 years ago
8 0

Answer:

$300 million

Explanation:

Data provided in the question

Number of shares outstanding = 20 million

Value per share = $15

So, by considering the above information, the new market cap of the company X is

= Number of shares outstanding × Value per share

= 20 million × $15 per share

= $300 million

To determine the new market cap, we simply multiplied the number of outstanding shares with the per share so that the exact value could come

         

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Larry is a hard-working college freshman. One Saturday, he decides to work nonstop until he has answered 200 practice problems f
OverLord2011 [107]

Answer:

  • The marginal gain from Larry's second hour of work is 60 problems
  • The marginal gain from Larry's fourth hour of work is 20 problems
  • The best combination is 1 hour of working problems + 3 hours of reading

Explanation:

To get the <em><u>marginal gain</u></em> we subtract from the latest hour, in this case the second hour (140), the production from the previous hour (80). 140-80=60. <em>It's always the same, the latest minus the previous one.</em>

So let's do the same for the fourth hour:

Noon................200 problems

minus

11:00 AM..........180 problems

200-180= 20 problems

Now to know how many hours he should spend working on problems and reading, let's compare:

An hour of reading equals to 70 problems made; (because working on 70 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour).

hours of working problems         problems solved

0............................................................0

1.............................................................80

2............................................................140

3............................................................180

hours reading                    problems equivalent to hours read

4...............................................(4*70)=280

3...............................................(3*70)=210

2...............................................(2*70)=140

1................................................(1*70)=70

finally let's add up the two combinations (0 and 4, 1 and 3, 2 and 2, 3 and 1)

0 and 4_______________0+280= 280

1 and 3________________80+210=290

2 and 2_______________140+140=280

3 and 1________________180+70=250

<em>And the best combination is 1 hour of working problems + 3 hours of reading=</em><em>290</em>

3 0
3 years ago
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution t
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Answer:

Answer letter C.

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Who was the first person to designate pitches and write them down on a staff? hildegard von bingen the troubadour attila guido d
erastovalidia [21]
The answer is Guido D'Arezzo. He was the creator of the modern staff, he had used yellow and red lines to indicate pitches in the staff. In the modern era, these yellow and red lines were removed but still followed D'Arezzo's modern musical staff. Aside from the musical notation, D'Arezzo is also known for his text called "Micrologus"
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Sauber's washer-dryer is available in four stylish finishes: stainless steel, pearl white, gunite gray, and obsidian. Although t
gizmo_the_mogwai [7]

Answer:

a and b

Explanation:

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Explain the importance of having a<br> business plan
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