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
Alexus [3.1K]
2 years ago
15

Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. I

f Samsonite's total market value remains unchanged by the stock dividend, then what will the new stock price be once the dividend has been enacted?
Business
1 answer:
NeTakaya2 years ago
4 0

Answer:

$131.58

Explanation:

The computation of the new stock price is shown below:

= Selling price of stock per share ÷ current number of shares

= $250 ÷ 1.90

= $131.58

Since the 90% dividend is declared. It means for each share 90% dividend is declared so after stock dividend, the number of shares would be

= 1 + 90%

= 1 + 0.9

= 1.9

We simply divide the selling price by the current number of shares

You might be interested in
A decrease in the price of eggs will result in
deff fn [24]
Well i guess there arent any options...but it wold most likely result in more people buying them but in a negative light paying people who get them less and the supplies they need to do so overall harder to get, but with more people buying a demand for it would be higher, and you can take what you want out of my answer i could go on for a while
3 0
2 years ago
Which of these statements is correct with regard to the implementation of marketing objectives?
xz_007 [3.2K]

Answer:

B). A lot of ongoing communication is involved when executing a plan.

Explanation:

The second statement regarding 'a lot of ongoing communication is involved when executing a plan' is the most correct regarding the implementation of marketing objectives. <u>Effective communication is the most significant key to ensure that the plans are timely and efficiently executed, the tasks are divided and coordinated significantly, and the desired goals and objectives are achieved successfully</u>. Thus, <u>option B</u> is the correct answer.

3 0
2 years ago
Is the law and order in the United States really so bad that there is no one in the city center after 9 p.m?
svet-max [94.6K]

The law and order at the city center after 9 p.m is to ensure a safe and secure city for the occupants.

<h3>What is a law and order?</h3>

This refers to a situation where the laws of a country are being obeyed and been enforced on the citizens by the police or army.

In the city centers, the law and order are intended to ensures orderliness and a crime free society, hence, the police could order a curfew at 9pm in order to have a secure control of the city.

Read more about law

<em>brainly.com/question/12486518</em>

#SPJ1

5 0
1 year ago
As people become more powerful, they tend to become less goal-oriented, less motivated, and more focused on gaining additional p
Tanya [424]

Answer: False

Explanation:

The statement that as people become more powerful, they tend to become less goal-oriented, less motivated, and more focused on gaining additional power is false.

When people become more powerful, such people become motivated to achieve organizational aims and achieve greater things. Also, they become more empowered which helps in increasing their job satisfaction and morale.

5 0
2 years ago
How is a line of credit similar to a credit card?
Inessa05 [86]
The right answer for the question that is being asked and shown above is that: "a. Interest is charged only on the amount you actually borrow."  a line of credit similar to a credit card is that <span>a. Interest is charged only on the amount you actually borrow.</span>
8 0
2 years ago
Read 2 more answers
Other questions:
  • Margie is 15 and claimed as a dependent by her parents. she has $800 in dividends income and $1,400 in wages from a part-time jo
    10·1 answer
  • 1. The increase in the amount of output from an additional unit of labor.
    8·1 answer
  • The largest proportion of federal revenues comes from
    7·1 answer
  • John was given a choice of loans of $8,000 with the following characteristics: a) $1,200 in interest paid at the end of the peri
    13·1 answer
  • Many store brands use packaging and labeling that is similar to the more expensive national brand. The hope is that the look-ali
    10·1 answer
  • All of the following are determinants of demand elasticity EXCEPT a. whether the purchase of the product can be delayed b. wheth
    8·1 answer
  • Which of the following is true of F a c e b o o k advertisements?
    13·1 answer
  • This is where labor and other factors of production are sold in the circular flow model of income in economic theory *it’s for e
    14·1 answer
  • Pedro sells investment land on September 1, 2019. Information pertaining to the sale follows: Adjusted basis $25,000 Selling pri
    14·1 answer
  • What was seen as a sign of the most power and influence among European nations? industrialism imperialism nationalism militarism
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!