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xeze [42]
3 years ago
12

The Peanut Shack has 6,000 shares of stock outstanding with a par value of $1 per share. The current market value of the firm is

$145,600. The company just announced a 3-for-2 stock split. What will the market price per share be after the split?
Business
1 answer:
Temka [501]3 years ago
5 0

Answer:

The market price per share be after the split will be $16.18

Explanation:

shares outstanding after stock split = 6000*3/2

                                                            = 9,000

market price per share = 145,600/9000

                                      = $16.18

Therefore, The market price per share be after the split will be $16.18

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At the beginning of 2009, Glass Manufacturing purchased a new machine for its assembly line at a cost of $600,000. The machine h
nikdorinn [45]

Answer:

A. $55,000.

Explanation:

The cost of the new machine in 2009 is $600,000

The residual value was $50,000

Useful life is ten years

Under the straight-line depreciation method, the depreciation amount in 2020  will be

The depreciable amount the machine cost - residual value

= $600,000 - $50,000

= $550,000

The depreciation rate will be 1/10 year x 100 = 10%

depreciation per year will be 10% x 555,000

=10/100 x 550,000

=$55,000

Depreciation 2010, the second year will $55,000 since the depreciation amount is a constant figure under the straight-line method.

8 0
3 years ago
Monday island produces only yams yams and lemons lemons. the marginal cost of a yam yam is the number of lemons lemons that​ ___
Angelina_Jolie [31]
D. people are willing to forgo; lemon lemon
3 0
3 years ago
What products do you think will increase in demand because of the 2020 election?
stira [4]

Answer:

you know the basics. masks, gloves, hand sanitizer, stuff like that

Explanation:

6 0
3 years ago
In each of the following situations, identify if there is a positive or negative externality in play. Explain you answer thoroug
Yakvenalex [24]

Answer:

Positive Externality

Explanation:

Externalities are extra side effects to third un-involved party, without any monetary transaction for the same

Positive Externality is the positive side effect to third un-involved party, without any monetary transaction for the same. Negative Externality is negative side effect to third un-involved party, without any monetary transaction for the same.

The Local bride shop has only paid for the road signage facelift. Despite, all the seven other shops sharing strip mall with it also use the sign. This act of local bride shop will have more visibility & other benefits for all the other 7 businesses linked to it, who have not although paid for it. So, the other 7 businesses have a positive extra effect due to local bride shops' act. Hence it is a positive externality for all of them.

3 0
3 years ago
Lucas is concerned that even if he puts forth effort and performs as expected, there are other individuals (i.e., flight crew, g
Delicious77 [7]

Answer:

Option A; INSTRUMENTALITY.

Explanation:

The expectancy theory explains the processes an individual undergoes to make choices.

INSTRUMENTALITY is the perception of employees as to whether they will actually get what they desire or not.

Lucas's concern is related to instrumentality because he is not sure whether the on-time performance goal will be met or not, even if he puts more effort and performs as expected of him because there are other individual who may cause the desired result not to happen.

Therefore, based on expectancy theory, INSTRUMENTALITY is most closely related to Lucas's concern.

4 0
3 years ago
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