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mojhsa [17]
3 years ago
13

Which of the following statements is CORRECT?

Business
1 answer:
meriva3 years ago
3 0

Answer: E) If a firm's stock price is quite high relative to most stocks--say $500 per share--then it can declare a stock split of say 20-for-1 so as to bring the price down to something close to $25. Moreover, if the price is relatively low--say $2 per share--then it can declare a "reverse split" of say 1-for-10 so as to bring the price up to somewhere around $20 per share.

Explanation:

Stock Splits usually occur when a company believes that its stock price is relatively high compared to most other stocks.

If the stock is $500 per share, a stock split of 20-1 would divide the stock so that it comes to;

=500/20

= $25 per share.

If the company believes that prices are too low, they can do a <em>reverse split</em> or a <em>stock merge</em> to bring the price up by merging stocks together. If Stock is trading at $2 per share, a 1 - 10 would take it up to;

= 2 * 10

= $20 per share.

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Global Pictures is about to release their second feature film. Their first film was a blockbuster, and their pre-release campaig
Illusion [34]

Answer: Formulate criteria; so that the group members know the group goal and when it has developed a good solution

Explanation:

Standard agenda came about through John Dewey and he refered to it as the process whereby through reflective thinking, individuals find solutions to issues.

Based on the information given in the question, using the standard agenda approach, the task that they should primarily focus on is to formulate criteria to enable group members know the group goal and when it has developed a good solution.

8 0
3 years ago
Meat​ Packers, Incorporated​ (MPI) preserves and packages various kinds of meats for transportation to grocery stores. To prepar
Free_Kalibri [48]

Answer:

Variable cost=$750,000

Fixed costs=  $13,000

Explanation:

Giving the following information:

The firm must purchase ​$60 in raw meat and pay ​$50 in wages for labor and ​$40 in fuel costs. Also, the firm rents a factory for ​$10,000 per month and makes ​3,000 in monthly payments on meat packaging equipment. Suppose the firm prepares and transports 5,000 packages of meat per month.

Variable cost= raw meat + wages + fuel= (60 + 50 + 40)*5,000= $750,000

Fixed costs= rent + packaging equipment= 13,000

7 0
4 years ago
Time Remaining 36 minutes 46 seconds00:36:46 Item 6Item 6 Time Remaining 36 minutes 46 seconds00:36:46 A company's Cash account
Diano4ka-milaya [45]

Answer:

Cash account balance $5,680

- bank service fees ($47)

- NSF check ($190)

+ customer's note receivable $560

<u>+ interest earned $66                    </u>

adjusted cash account balance $6,069

Dr Bank fees expense 47

    Cr Cash 47

Dr Accounts receivable 190

    Cr Cash 190

Dr Cash 560

    Cr Notes receivable 560

Dr Cash 66

    Cr Interest revenue 66

7 0
3 years ago
Describe the relationship between the manager and O.R specialist<br><br><br>​
vitfil [10]

Answer:

Explanation:

manager

'Sell' the decision to operating managers; get their understanding and cooperation.

6 0
3 years ago
When there are a large number of relatively small account balances, negative confirmation of accounts receivable is feasible if
sveta [45]

Answer:

The correct option is D

Explanation:

When there are huge number of the small account balances, then the negative confirmation of the accounts receivable is practical or feasible which is issued by an auditor to the customers of client company and if the combination of the control as well as the inherent risk is low and the individuals who receives the confirmation requests which provide them sufficient consideration.

5 0
3 years ago
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