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
pentagon [3]
4 years ago
10

Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant

Corporation, which had 50,000 shares of common stock outstanding, declared a 3-for-1 stock split. a. What will be the number of shares outstanding after the split? ________shares b. If the common stock had a market price of $210 per share before the stock split, what would be an approximate market price per share after the split? $______ per share
Business
1 answer:
8_murik_8 [283]4 years ago
6 0

Answer:

150,000 Shares

70$ per share

Explanation:

Stock split at a rate of 3 for 1 means that holder of every 1 share will have total 3 shares after the split (e.g. he will receive additional two shares for each share he owns). Thus Copper Grill Restaurant Corporation's total shares will increase from 50,000 to 150,000 (50,000 * 3).

Per share price will be divided by 3 to arrive at approximate value of per share after the split (210 / 3) = $70 / per share.

You might be interested in
Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced ma
stich3 [128]

Answer:

The correct answer is A) "Make the company a global organization so it can benefit from emerging markets."

Explanation:

A global organization is one that has a presence in several countries.

A global business needs some form of centralized authority, but a multilocal business works best with a dispersed national authority that allows each country to make its own decisions to adapt to local conditions.

It is important to know that if the company cannot make organizational changes, it is necessary to try to adopt global strategies.

5 0
3 years ago
The advantage to departmentalizing by the function performed is Group of answer choices A. increased accountability for product
OLEGan [10]

Answer: Option B      

 

Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.

For example - all the activities related to procurement of money will be performed by finance department.

The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.

8 0
4 years ago
Competitive markets are characterized by a. unique products. b. free entry and exit by firms. c. a small number of buyers and se
maxonik [38]

Answer:

B. free entry and exit by firms.

Explanation:

6 0
3 years ago
Under firm-commitment underwriting, the _______ assumes the full risk that the shares cannot be sold to the public at the stipul
Gala2k [10]

Under firm-commitment underwriting, the underwriter bears the entire risk that the shares will not be sold to the public at the specified offering price.

What is Underwriter?
Any person who assesses and takes on another party's risk in exchange for payment—which frequently comes in the form of a commission, premium, spread, or interest—is an underwriter. While underwriters work for insurance firms, agents and brokers represent both consumers and insurance companies. The mortgage, insurance, equity, and some prevalent forms of debt security trading are just a few of the financial industries where underwriters play a crucial part. Sometimes referred to as a book runner, a lead underwriter holds this position.

To learn more about Underwriter
brainly.com/question/28401676
#SPJ4

7 0
1 year ago
Phillip was waiting for a bus at a bus stop. Across the street and down the block, a mechanic negligently overinflated a tire he
lozanna [386]

Answer: He is more likely to lose the case.

Explanation:

Philip is likely to lose because eventhoug the mechanic's action or conduct was an act of negligence toward Marsha, it was not a proximate causation in relation to Phillip, who was far away.

Proximate causation means it was not the primary cause of his injury , the mechanic could have not predicted or foreseen that Philip was going to be injured buy a running dog and that frees him from a duty to Philip.

5 0
3 years ago
Other questions:
  • Sin Qua Corporation is a company listed on the stock exchange and issues corporate bonds. Which statement is most likely true?
    14·1 answer
  • Consider the expenditures listed below and classify each of the expenditures as a capital expenditure or a revenue expenditure r
    7·1 answer
  • It is has been estimated that there are ________ varieties of psychopathology.
    7·1 answer
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • What are the "marketable" characteristics of snails?​
    5·1 answer
  • The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $60 First
    11·1 answer
  • Which behavior demonstrates teamwork?
    7·1 answer
  • Assume that an apple farmer must decide how many apples to harvest for the world apple market. He knows that there is a one-thir
    15·1 answer
  • kentucky licensee giana manages three star realty’s main office. she’s in charge of training and mentoring the firm’s staff. wha
    5·1 answer
  • The BookGarage began delivering books directly to customers through mail instead of selling through distribution and on to brick
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!