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azamat
3 years ago
11

You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 s

tock split. Which of the following best describes your likely position after the split?
You will have 100 shares of stock, and the stock will trade at or near $60 a share. You will have 200 shares of stock, and the stock will trade at or near $60 a share. You will have 50 shares of stock, and the stock will trade at or near $600 a share. You will have 200 shares of stock, and the stock will trade at or near $120 a share. You will have 50 shares of stock, and the stock will trade at or near $120 a share.
Business
1 answer:
SSSSS [86.1K]3 years ago
8 0

Answer:

You will have 200 shares of stock, and the stock will trade at or near $60 a share.

Explanation:

When a company declares a 2-for-1 stock split, its shares' value is cut by half, while the number of stocks of each share holder doubles.

If, before the split, the stock had a value of $120 per share, after the stock split it will sell for close to $60 a share.

If you previously had a position of 100 shares of Troll Brothers' stock, after the 2-for-1 split you will have 200 shares.

Therefore, you will have 200 shares of stock, and the stock will trade at or near $60 a share.

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An organization that mediates and resolves discord among members of society is what kind of organization?
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Integration orientation Organizations that help mediate and resolve discord among members of society.

Organizational integration :

IT is achieved when organizational goals are aligned between the external and internal influences. Organizational alignment promotes collaboration and teamwork across all areas of work internally within the organization. Organizational integration supports a company's resilience to external factors, such as its mission or business model, input and output, the economy, technology, political factors, social factors and stakeholders.

Why is integration important in an organization?

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3 0
1 year ago
The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and g
mihalych1998 [28]

Answer:

Exchange of purpose

Explanation:

The facet of partnership that describes the requirement that every worker be responsible for defining the project's vision and goals is called Exchange of purpose

7 0
4 years ago
Thirteen sorority sisters decide to start a dog-walking business. They incorporate under the name Pro Canine Walkers, Inc., and
dalvyx [7]

Answer:

A) privately held corporation.

Explanation:

In the given example, the most appropriate option is a privately held corporation as the stock is owned by the 13 principles. It is not offered to anyone other than these 13 principles, which means they do not offered to the public at large.  

It is different from the publicly held corporation as the shares or the stock of the business organization are offered to the general public. But in this case, it offered to only 13 principles

Hence, other options are wrong except A

5 0
3 years ago
Banks only offer one type of saving alternative to their customers.<br>True or False​
sesenic [268]

Answer:

True

Explanation:

Banks use a type of check used to pay bills or make payments for which the money is guaranteed

4 0
3 years ago
1. A parent sells merchandise to its subsidiary at a markup of 20% on cost. In the current year, the subsidiary had $120,000 in
NARA [144]

Answer:

The subsidiary reports cost of goods sold at A. $660,000.

Explanation:

Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:

Cost of goods sold = Opening inventory + Purchases - Closing inventory

The subsidiary calculates its cost of goods sold as follows.

Opening inventory           $120,000

Add: Purchases                $720,000

Less: Closing inventory    ($180,000)

Cost of goods sold           $660,000

Therefore, the correct option is A. $660,000.

6 0
3 years ago
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