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
irina [24]
3 years ago
5

Robinson's has 30,000 shares of stock outstanding with a par value of $1 per share and a market price of $44 a share. The balanc

e sheet shows $30,000 in the common stock account, $440,000 in the paid in surplus account, and $380,000 in the retained earnings account. The firm just announced a 5-for-3 stock split. How many shares of stock will be outstanding after the split
Business
1 answer:
Katyanochek1 [597]3 years ago
8 0

Answer:

The question has the following multiple choices:

Multiple Choice  

18,000 shares

50,000 shares

120,000 shares

32,000 shares  

49,500 shares

The correct option is 50,000 shares as shown below

Explanation:

Number of shares after stock-split=number of shares before stock split*stock split ratio

number of shares before stock split=30,000

stock-split ratio is 5/3

Number of shares after stock-split=30,000*5/3

                                                         =50,000 shares

Stock-split is an approach where a company further split its existing shares into multiples of shares in order to make the share more affordable to investors, even though the number of shares increases with a stock-split,but the actual monetary value of the shares remains the same.

You might be interested in
Why is it important to people with disabilities to get an adapted drivers license?
Harrizon [31]
<span>When people with disabilities get an adapted driver's license, they become better able to independently function and contribute to society. This feeling facilitates successful self-actualization. An adapted drivers license will also alert government officials, whenever necessary, of any special precautions necessary when aiding these drivers in tasks related to their disability, and in providing proper accommodations as such.</span>
8 0
3 years ago
The parenting style which takes the concerns of all family members into account when making decisions is __________. permissive
seraphim [82]
The answer is DEMOCRATIC.   :)
4 0
3 years ago
Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs
svetlana [45]
Jane must do a system each evening to copy and archive computer data that could be used if a compromise occurs. The process that Jane makes is referred to as back up. Back up process is the process of copying and archiving computer data so that the duplicate files can be used to restore the original data if a compromise occurs. 
8 0
3 years ago
Although it is not known whether you have to buy 1, 10, or 100 lottery tickets to get a winning ticket, it is highly probable th
Effectus [21]

Answer:

variable-ratio

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question the type of schedule being used is called variable-ratio schedule. This refers to when a response is reinforced after a completely random amount of responses. Since positive results from gambling are completely random, this type of scheduling is mostly used in these situations.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause:
Diano4ka-milaya [45]

Option D

In the short-run, if there is a surplus in the market for a product, the rationing function of price can be expected to cause:  a decrease in the market price of the product.

<h3><u>Explanation:</u></h3>

When quantity provided surpasses quantity required, a surplus endures.  If the value goes up, the amount of necessitated goes downward. If the price drops, the quantity required raises. Price ceilings limit a price from growing beyond a particular level.

When a price ceiling is fixed under the equilibrium price, the amount required will pass quantity fulfilled, and excess demand or deficits will result. Price floors block a price from dropping below a reliable level. When a price floor is fixed beyond the equilibrium price, the measure supplied will exceed the quantity needed, and excess stock or surpluses will happen.

5 0
3 years ago
Other questions:
  • ZigZag Cola produces a​ lemon-lime soda. The production process starts with workers mixing the lemon syrup and lime flavors in a
    7·1 answer
  • Suppose that the market price of Company A is $50 per share and that of Company B is $20. If A offers half a share of common sto
    11·1 answer
  • Intel Corporation
    12·1 answer
  • Senator foghorne is running for re-election. one of his political proposals is the enactment of new legislation that will provid
    8·1 answer
  • Which of the following is a correct statement regarding the nature and timing of communications between an accounting firm perfo
    14·1 answer
  • An individual's demand curve for a good can be derived by measuring the quantities selected as
    5·1 answer
  • Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
    15·1 answer
  • Government policies, access to resources, and social attitudes can either support or hinder a culture of entrepreneurship. Categ
    15·1 answer
  • PLEASE HELP, TIMED
    5·2 answers
  • A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!