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Evgen [1.6K]
3 years ago
15

A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. If the corporati

on issues a 4-for-1 stock split, the market value of the stock will fall to approximatelya. $7.00
b. $112.00
c. $37.50
d. $600.00
Business
2 answers:
sp2606 [1]3 years ago
5 0

Answer:

c. $37.50

Explanation:

A stock split refers to a situation whereby a company issue its new shares to the existing shareholders of the company in proportion of the current holdings of each shareholder.

When there is a stock split, it will make the number of shares of the company will increase, leads to a fall in the market price per share to the extent of the number of the split, but the total market capitalization of the company will still remain the same without causing dilution.

Based on the explanation, the price to which the market value of the stock of the corporation will fall to after the stock split can be calculated as follows:

New market value of the stock = Current market value ÷ Number of stock received per stock

                                                    = $150 ÷ 4

New market value of the stock = $37.50

Therefore, the market value of the stock will fall to approximately $37.50 from $150 if the corporation issues a 4-for-1 stock split.

Dahasolnce [82]3 years ago
3 0

Answer:

c. $37.50

Explanation:

The computation of the market value of the stock split is shown below:

= Current market value ÷ four ÷ one

= $150 per share ÷ 4 ÷ 1

= $150 per share ÷ 4

= $37.50

Simply we divide the current market value by the four for one stock split ratio so that the correct market value can come. The four for one reflect the ratio criteria which is mentioned in the question

All other information which is given is not relevant. Hence, ignored it

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A job specification is: a. a group of related activities and duties. b. a statement of the knowledge, skills, and abilities requ
PSYCHO15rus [73]

Answer:

a statement of the knowledge, skills, and abilities required of a person to perform a job.

Explanation:

A job specification is a written statement that describes btge educational qualifications, experience, technical skills, and communication skills required to perform a job. Also responsibilities that are required on a job are stated.

A job specification is different from a job description which is a set of different duties and responsibilities performed by one employee.

7 0
4 years ago
Unland Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:
Wewaii [24]

Answer:

Ending inventory= $1706

Explanation:

Giving the following information:

Units Per unit price Total

1/1/2017: 290 *$5.00=  $1450

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1/28/2017: Purchase,  140*$5.30= $742

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6 0
3 years ago
Dimitri owns stock in a u.s. publicly traded company. as a stockholder, dimitri is a(n) ______ of the corporation.
Monica [59]

Based on the fact that Dimitri owns stock in a company in the United States which is publicly traded, he is a stockholder which makes him an <u>owner </u>of the corporation.

<h3>What is Dimitri to the company?</h3>

Dimitri is considered to be an owner of the company because owning a share in a company means that you have ownership rights to their stock.

This is called equity ownership and it is the type of ownership that is seen with publicly traded companies such as the one that Dimitri bought shares in.

Because he is a shareholder and therefore an owner, Dimitri has the right to attend annual general meetings and voice his opinion. He also stands to make a capital gain if the share price of the corporation rises.

In conclusion, Dimitri is an owner.

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2 years ago
Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands is pervasive in some countr
Arlecino [84]

Correct question: Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands

is pervasive in China because laws protecting intellectual property are unclear and sporadically enforced. Even when sanctions are applied, sanctions are minimal, typically consisting of confiscation, a warning, a public apology, and perhaps a fine. Moreover, copying enjoys a long tradition in China and does not carry a stigma. A business introducing a product into China needs to know that its ___________ may lead to trademark infringements.

A. religious precepts

B. antecedent states

C. moral idealism

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Answer:

D, societal culture and norms.

Explanation:

because copying doesn't exactly have a law forbiding it but rather that it is seen as a form of art in china, the societal culture and norms of china makes it a normal for any new business coming into the country to resigns its fate to having copies of its products flooding the chinese market as soon as possible and such company can't sue for intellectual or copyright infringements.

6 0
3 years ago
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Elodia [21]

Answer:

Explanation:

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