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TEA [102]
3 years ago
10

Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that sell for $29.25 per share. Assuming no mark

et imperfections or tax effects exist, what will the share price be after: a. GER has a three-for-two stock split? b. GER has an 8 percent stock dividend? c. GER has a 27.5 percent stock dividend? d. GER has a three-for-five reverse stock split? e. Determine the new number of shares outstanding in parts (a) through (d).

Business
1 answer:
Nina [5.8K]3 years ago
3 0

Answer:

Please see attachment

Explanation:

Please see attachment

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The correct answer would be, Reverse Discrimination.

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7 0
3 years ago
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Answer:

Steak is a normal good, and hamburger is an inferior good for Jennie

Explanation:

Based on this behavior, we can assume steak is a normal good, and hamburger is an inferior good for Jennie. That is because a normal good is any good who's demand increases when there is a rise in the consumers' income, while an inferior good sees decreased demand due to a rise in income. Therefore, since Jenna buys more (increased demand) steak and less (decreased demand) hamburger due to her increased income this means that steak is a normal good, and hamburger is an inferior good for Jennie

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3 years ago
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