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
taurus [48]
3 years ago
7

5. Elmofud, Inc. is considering splitting its stock. The stock is currently priced at $90 per share. You own 100 shares of the s

tock. If the firm proceeds with a 3 for 1 split what will your position in the stock be after the split – how many shares will you own, what will the price per share be, and what will your total value be in the stock of Elmofud, Inc.?
Business
1 answer:
UkoKoshka [18]3 years ago
8 0

Answer:

total value be in the stock $9,000

Explanation:

given data

currently priced = $90 per share

Number of Stocks = 100 share

solution

we get here first Value of Position that is express as

Value of Position = $90  × 100

Value of Position = $9,000

and

After stock split

Number of Stocks will be

Number of Stock  = 100 × 3 = 300

and

Price per Share will be

Price per Share = \frac{90}{3}  

Price per Share = $30

so

Value of Position = 30 × 300

Value of Position = $9,000

You might be interested in
During 2020, Sam and Libby, a married couple, decided to sell their residence, which had a basis of $200,000. They had owned and
baherus [9]

Answer:

$50,000:$400,000

Explanation:

Based on the information given we were told that the Broker's commissions and other selling expenses was the amount of $50,000 in which They as well made purchased of a new residence in July for the amount of $400,000 which means that the recognized gain will be $50,000 the amount of Broker's commissions and other selling expenses and the adjusted basis of the new residence will be $400,000 which is the cost of purchasing a new residence.

6 0
3 years ago
Red, Jess, and Frankare coworkers at Crossroad Inc. Having worked at CI for five years now, the three are discussing their caree
joja [24]

Answer:

The correct answer is Normative Commitment.

Explanation:

Normative commitment is defined as a psychological vision of the members of an organization and their attachment to the workplace. Employee engagement is essential to determine if workers will remain for a longer period of time and will do so with the passion necessary to achieve the established objectives.

Knowing the normative commitment helps predict job satisfaction, workforce commitment, leadership distribution, performance, job insecurity, etc. It is important that this be observed from the point of view of management in order to know their dedication to the tasks assigned daily.

8 0
3 years ago
Which of the following concepts refers to deciding exactly what is to be measured when assigning value to a variable? Operationa
yarga [219]
The correct answer of the given question above would be VALIDITY. The concept that refers to deciding exactly what is to be measured when assigning value to a variable is validity. I hope this is the answer you are looking for. Let me know when you need more help next time. 
6 0
3 years ago
A furniture company is producing two type of furniture. Product A requires 8 board feet of wood and 2 Ibs of wicker. Product B r
Blizzard [7]

Answer:

Maximize 30A + 40B.

Explanation:

Given that

Profit margin of product A = $30 per unit

And, the Profit margin of product B = $40 per unit

And, let us assume that

Number of product A produced is A

And, the Number of product A produced is B

So, the total profit is

= 30A + 40B

And, this reflects the maximum profit

All other information which is not given is not relevant. Hence ignored it

7 0
3 years ago
Mike and Sandy are two woodworkers who both make tables and chairs. In one month, Mike can make 4 tables or 20 chairs, where San
mylen [45]
C 5 tables for mike and 1/3 table for sandy
3 0
3 years ago
Other questions:
  • Iron triangles have given way to _____ over the years. intergovernmental lobbying issue networks reverse lobbying iron squares
    12·1 answer
  • Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
    6·1 answer
  • What is your credit score based on
    8·2 answers
  • On November 1, 2021, NoleCo signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six
    14·1 answer
  • The chart shows a production possibilities schedule for Sabrina's Soccer how much profit does the company make from producing an
    5·1 answer
  • Choose all answers that apply.
    11·2 answers
  • Mandy Feng employs Jay Johnson at a salary of $35,000 a year. Feng is subject to employer Social Security taxes at a rate of 6.2
    10·1 answer
  • To increase productive capacity, a company is considering a proposed new plant. Which of the following statements is CORRECT? a.
    7·1 answer
  • 4. _______________________ gives the personnel the authority and responsibility to require that work be stopped when a dangerous
    14·1 answer
  • Why is a process view of organizations essential to becoming a successful manager?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!