Answer:
$20
Explanation:
Current Stock Price:
= (Net income ÷ common shares outstanding) × P/E ratio
= (900,000 ÷ 300,000) × 8
= $24
No of Stock Dividend issued:
= common shares outstanding × Percent of stock dividend approved
= 300,000 × 20%
= 60,000
No of Outstanding Sharing share after stock dividend:
= common shares outstanding + No. of Stock Dividend issued
= 300,000 + 60,000
= 360,000
Common stock price after the stock dividend:
= = (Net income ÷ common shares outstanding after stock dividend) × P/E ratio
= (900,000 ÷ 360,000) × 8
= $20
Answer:
3.69
Explanation:
We know,
The productivity in sales revenue/labor expense = 
Given,
Sales revenue = Units sold × Sale price per unit
Sales revenue = 1,217 units × $1,700
Sales revenue = $2,068,900
labor expense = Total labor hours × wage rate per hour
labor expense = 46,672 × $12
labor expense = $560,064
Putting the values into the formula, We can get,
The productivity in sales revenue/labor expense = 
The productivity in sales revenue/labor expense = 3.69
Answer:
The correct option is (b)
Explanation:
According to the scenario, the foreign currency that original sold at the market is shown below:
= (Forward rate to Jan 15 - Spot rate) × paymen made
= ($0.00089 - $0.00082 ) × 20 million
= $0.00007 × 20,000,000
= $1,400 premium
hence, the foreign currency that originally sold at the market is $1,400 premium
Therefore the correct option is (b)
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