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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number

Olegator [25]

Based on the information given the number of shares outstanding after the split will be: 160,000 shares.

Using this formula

Outstanding shares=Current shares outstanding × Number of the split

Where:

Current shares outstanding =40,000 shares

Number of the split =4

Let plug in the formula

Outstanding shares=40,000 shares×4

Outstanding shares=160,000 shares

Inconclusion the number of shares outstanding after the split will be: 160,000 shares.

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4 0

3 years ago

First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled

Iteru [2.4K]

Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online. She selects and purchases a $35 pair of jeans, pre-discount.
(Alice's consumer surplus, $5)

Jeff finds some steaks for $16 for which he would have been willing to pay $20. The butcher notices the meat is near the expiration date and gives him an extra 75% off. 
(Jeff's consumer surplus, $16)

Nicole has in her possession a hockey puck from the 2010 Winter Olympic Games and sells it on eBay. She will only sell the puck if the winning bid is greater than or equal to $500. After bidding closes, the last bid stands at $500. 
(Nicole's producer surplus, $0)

Claire is trying to sell her used calculus textbook online. She asks for $150 or best offer and is willing to sell for anything over $100. She is able to sell it for $125. 
(Claire's producer surplus, $25)

Roy is willing to pay $2.50 for a sports drink. He notices the price is $2.79 and chooses not to purchase a sports drink. (Roy's consumer surplus, $0)

8 0

3 years ago

WHAT IS THE DIFFERENT BETWEEN BUSINESS MANAGEMENT AND BUSINESS ADMINISTRATION

myrzilka [38]

Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business

Explanation:

Business administration (also known as business management) is the administration of a business. It includes all aspects of overseeing and supervising business operations. From the point of view of management and leadership, it also covers fields that include accounting, finance, project management and marketing.

3 0

3 years ago

Ski Safety sells emergency safety and rescue products to ski patrols and rescue workers at prices that are below those of its co

UkoKoshka [18]

Answer: Cost focus strategy

Explanation:

The cost focus strategy is one of the type of business strategy in which the various types of companies or organizations are try to expand their marketing segments and also emphasizing the cost in the market.

The cost focus strategy is one of the important element and component of the generic marketing strategy in the market.

According to the given question, the ski safety selling the various types of products for the rescue purpose and it outlining the main objective and start selling on the basis of emergency at very high cost.

Therefore, Ski safety is basically pursing the cost focus strategy.

8 0

3 years ago

Percy Company purchased 80% of the outstanding voting shares of Song Company at the beginning of 2014 for $406,000. At the time

Gnom [1K]

Answer:

since Percy Company's owns 80% of Song Company's stocks, we must use the equity method to record its investment in Song Company

Beginning 2014, investment in Song Company

Dr Investment in Song Company 406,000

Cr Cash 406,000

2014, to record Song's net income

Dr Investment in Song Company 48,480

Cr Investment revenue 48,480

2015, to record Song's net income

Dr Investment in Song Company 43,120

Cr Investment revenue 43,120

2016, to record Song's net loss

Dr Loss on investment 45,760

Cr Investment in Song Company 45,760

2014, to record Song's dividends

Dr Cash 19,040

Cr Investment in Song Company 19,040

2015, to record Song's dividends

Dr Cash 40,480

Cr Investment in Song Company 40,480

2016, to record Song's dividends

Dr Cash 29,040

Cr Investment in Song Company 29,040

5 0

3 years ago