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3 years ago

Which of the following statements is CORRECT?

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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Type the first thing that come to your mind

solong [7]

Answer:

testing </3

Explanation:

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3 years ago

Read 2 more answers

Four investors bought a real estate asset together and decided to divide the profits equally. Investor A invested $200,000; inve

Charra [1.4K]

Answer:

$150,000

Explanation:

If four investors bought a real estate asset together and decided to divide the profits equally.

Investor A invested $200,000;

investor B invested $500,000;

investor C invested $800,000;

investor D invested $500,000. If the net profit for the first year was $1,000,000, investor A receives $150,000 more than if the profits were divided in proportion to how much they invested.

If the profits were divided according to investment percentage he would have gotten 200,000 / (200,000 +500,000 + 800,000+500,000) x $1m = $100,000.

However if profits are shared equally he receives $1m / 4 investors = $250,000.

Therefore $250,000 - $100,000 = $150,000

4 0

3 years ago

Drake would often come in late to work in spite of repeated, formal warnings by his manager. Drake's manager, Matt, lost his pat

goldfiish [28.3K]

Answer:

The correct answer is letter "D": Matt always maintains a paper or electronic trail for all his messages.

Explanation:

In front of any court case, the evidence is the only means through which the defendant or the plaintiff can support their positions. In Matt's case, assuming Drake would sue him for firing him without apparent reason, Matt must present the hard or electronic documents where the company he works for informed Drake about he being constantly late at work. In such a way, Matt can prove Drake has been notified he had to change his behavior to meet the company's demands but, as he would continue coming late, the company was forced to terminate his contract under legal terms.

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4 years ago

Mary's construction company receives a lucrative contract to build car ports on a U.S. Air force base. To celebrate she purchase

iren [92.7K]

Answer:

Multiplier effect

Explanation:

Multiplier effect refers to increase in final income as a result of an injection of spending into the circular flow of income.

It refers to how demand triggers further spending.

In this question, we see how as a result of marys contract, income flows down to the plumber.

The size of the multiplier depends on the marginal propensity to consume. The greater the marginal propensity to consume, the greater the multiplier effect.

I hope my answer helps you

6 0

3 years ago

While calculating the costs of products and services, a standard costing system ________. does not keep track of overhead cost t

zepelin [54]

Answer:

uses standard costs to determine the cost of products

Explanation:

In the case when we determined the cost of the product and its services so here the standard costing system would be used to measure the cost of product as this is the costing system that are based upon the estimated or predicted values and are significant for generating a product

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3 years ago