1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Valentin [98]
3 years ago
12

A corporation has 50,000 shares of $25 par stock outstanding. If the corporation issues a 3-for-1 stock split, the number of sha

res outstanding after the split will be a.50,000 shares b.100,000 shares c.150,000 shares d.16,666 shares
Business
1 answer:
slava [35]3 years ago
5 0

Answer:

Option C

Number of shares outstanding after split = 150,000 units

Explanation:

<em>A stock split occurs where a company creates additional shares in units such the total nominal value of the outstanding shares remains the same. With a stock split, the total outstanding shares increases without a change in the total nominal value while the nominal value per share reduces.</em>

Total shares before the split = 50,000

Total outstanding shares after split

= 50,000 × 3 = 150,000

Number of shares outstanding after split = 150,000 units

You might be interested in
Refer to the following transactions.
Mashutka [201]

Answer:

1 a) + asset , + preferred stock

b) + asset , + preferred stock

c) + assets , + stockholder's equity

d) - and + Asset

e) + -Asset

f) - Equity , + liability

g) - Equity , - Asset

journal entry

a) Debit bank 700000 Credit Preferred stock 700000

b) debit land 420000 , credit preferred stock 420000

c) debit bank 768000 credit stockholder's equity 768000

d) Debit investment 270000 credit bank 270000

e) Debit bank 189000 , credit investment 189000

f) Debit dividend 19600 credit shareholders for dividends 19600

g) debit dividends 96000  credit bank 96000

Explanation:

dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600

dividends common stock = 48000 * 25 * 8 % = 96000

8 0
3 years ago
Review your pre and post scores from "Where Are You Now." Did your scores improve? What activities did you complete that facilit
DIA [1.3K]

Answer:

what do you mean did our scores improve, if so, idk yet

3 0
3 years ago
A difference between explicit and implicit costs is that a) explicit costs must be greater than implicit costs. b) explicit cost
Andrej [43]

Answer:

Implicit costs do not require a direct monetary outlay by the firm, whereas explicit costs do.

Explanation:

Rent, salary, and other operating expenses are considered explicit costs. They are all recorded within a firm's financial statements, meaning they are present and clearly shown or reported as a separate cost. The main difference between the two types of costs is that implicit costs are opportunity costs, meaning that it is present but it is not initially shown or reported as a separate cost, while explicit costs are expenses paid with a company's own tangible assets. In other words, explicit costs are always shown, implicit costs are not, at least initially, exactly like the meaning words suggest.

8 0
3 years ago
Define the term supply chain, and describe the three components and the three flows of a supply chain.
Anuta_ua [19.1K]
<span>The term supply chain refers to the somewhat extensive process and means needed in transferring or transporting a product from the supplier to the customer. Supply chain uses both physical and information flows to achieve this end result. The three components of a physical flow of a supply chain are the transformation, movement, and storage of materials.</span>
7 0
3 years ago
Which of the following is a potential operating instrument for the central​ bank? A. The M1 money supply B. The monetary base C.
Angelina_Jolie [31]

Answer:

The correct answer is B. The monetary base.

Explanation:

The Monetary Base is made up of all legal money in circulation (that is, bills and coins), added to the reserves of commercial banks in the central bank. In other words, it is the legal money issued by the Central Bank of a country and can be in the hands of the public, or else in the cashier of the different commercial banks that the financial sector of the country. The monetary base is monitored by the central bank and constitutes its main way to control the money supply. Also another way to define the monetary base is that they constitute the monetary liabilities of the central bank.

7 0
3 years ago
Other questions:
  • Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they
    14·1 answer
  • Howard Co. had the following first-year amounts for a $7,000,000 construction contract: Actual costs $2,000,000 Estimated costs
    6·1 answer
  • What type of technology would be needed to gather evidence of a jet stream?
    14·1 answer
  • The manager at Screaming Trees has been trying to calculate the portion of the​ company's overhead expenses that is fixed and th
    6·1 answer
  • SEU Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.88 every year in perpetuity. If the req
    11·1 answer
  • Protecting intellectual property rights is important to a free enterprise system because:
    7·1 answer
  • With regard to social welfare, oligopolists forming a cooperative alliance is Group of answer choices good because it leads to l
    13·1 answer
  • What is a stock?
    6·2 answers
  • 2<br>Find the odd one out Turnip, Arbi , Potato ​
    7·1 answer
  • Low inflation is a sign of?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!