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
o-na [289]
3 years ago
10

Glendale Paving currently has 120,000 shares of stock outstanding that sell for $54 per share. Assume no market imperfections or

tax effects exist. What will the new share price be if the firm declares a 40 percent stock dividend
Business
1 answer:
emmasim [6.3K]3 years ago
5 0

Answer:

The new price will be $38.57.

Explanation:

The initial price of 120,000 outstanding shares is $54.

There are no market imperfections or taxes.

The firm declares a dividend of 40%.

The new share price will be

= Initial\ price\times(\frac{1}{1+ dividend} )

= 54\times(\frac{1}{1+0.4} )

= 54\times\frac{1}{1.4}

= 54\times0.71

= $38.57

You might be interested in
Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has
koban [17]

Answer:

$182,083

Explanation:

The computation of the total assets by considering the total assets turnover is shown below:

Total assets turnover = Sales ÷ total assets

2.4 = $415,000  ÷ total assets

So, the total assets equal to

= $415,000 ÷ 2.4

= $172,917

So, the assets is reduced by

= Year-end total assets - calculated assets

= $355,000 - $172,917

= $182,083

5 0
3 years ago
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes
Hatshy [7]

Answer:

$65,000

Explanation:

The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

C=\$46,000+370*\$160\\C=\$105,200

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000

Radar's additional income is $65,000.

6 0
3 years ago
Milton is the sales manager of a cosmetics company that offers a wide range of face creams, lipsticks, and eye makeup. some of t
posledela
To carry out this process of division of the <span>company's vast customer base into distinct segments so that the company's sales people can specialize in one line of business only</span>, it is necessary for Milton to possess sound market knowledge. Sound market knowledge involves knowledge, data and information about the product and about the customers.  With this type of market knowledge Milton will be able to meet external users wants and needs and to present them the product on a suitable way.  <span />
5 0
3 years ago
A bank has three assets. It has $75 million invested in consumer loans with a three-year duration, $39 million invested in T-bon
dalvyx [7]

Answer:

A. 6.50 years

Explanation:

Let C represent consumer loans,

T represent T-bonds and

t  represent T-bills

Portfolio duration = wC*dC + wT*dT + wt*dt

w = weight of...

d= duration of ....

Find the weights;

Total amount invested = 75 + 39 + 18 = 132 mill

wC = 75 / 132 = 0.5682

wT = 39 / 132 = 0.2955

wt = 18 /132 = 0.1364

Portfolio duration = (0.5682*3) +(0.2955*16) + (0.1364*0.5)

= 1.7046 + 4.728 + 0.0682

= 6.50 years

7 0
2 years ago
to plan effective marketing strategies, a company needs to find out all it can about its competitors. it must constantly compare
mel-nik [20]

This is an example of <u>Competitor Analysis</u>

  • An evaluation of the advantages and disadvantages of present and future rivals is known as competitive analysis in marketing and strategic management. In order to recognize possibilities and risks, this analysis gives both an offensive and a defensive strategic perspective.
<h3><u>What information should a competitor analysis contain?</u></h3>
  • A competitive study should look at the attributes, market share, prices, marketing, differentiators, strengths, and weaknesses of your rivals as well as their locations, cultures, and consumer feedback.
  • This article is for small company owners, both new and experienced, who wish to research their rivals to enhance their goods or services.

To learn more about Competitor Analysis, Click the Links.

brainly.com/question/28090263

brainly.com/question/18685357

#SPJ4

5 0
1 year ago
Other questions:
  • Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband william to work for her. Together
    11·1 answer
  • In Jackson Jones Company, land decreased $270,000 because of a cash sale for $270,000, the equipment account increased $90,000 a
    8·1 answer
  • When it comes to decision making, in a limited partnership there is no separation of ownership and control limited partners have
    8·2 answers
  • Carlos is a hard-working college senior. One Saturday, he decides to work nonstop until he has answered 100 practice problems fo
    6·1 answer
  • At goodspeak telecommunications, employees receive a cash bonus when they submit names of people who subsequently accept employm
    13·1 answer
  • Which of the following is true of the Heckscher-Ohlin theory? Multiple Choice
    8·1 answer
  • Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais
    13·1 answer
  • Anybody got discord?
    15·2 answers
  • Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a pre
    12·1 answer
  • In "thinking like an economist," the section "the role of economic theory" states that many economists believe that useful insig
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!