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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

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Explanation:

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An agreement that may be rejected by one of the parties for a legally acceptable reason is
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The answer is a voidable contract
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Rosario, a department manager, has been dealing with two workers in her department who do not get along. Due to family problems
Degger [83]

Answer:

The correct answer would be option C, Disturbance Handler.

Explanation:

A Disturbance Handler is usually the manager who takes charge when an unexpected dispute or roadblock arises within the team of the organization. So in the given question, when two workers in his department could not go along and had a harsh argument with each other due to some family problem between them, Rosario meets both of them to resolve the issue between them. He, being a manager, played the managerial role of Disturbance Handler to make them come to a conclusion and stop their arguments. He is basically handling the disturbance, caused by both employees on the workplace.

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3 years ago
Pound Industries’ customer service department follows up on customer complaints by telephone inquiry. During a recent period, th
goldfiish [28.3K]

Answer:

$85,260.

Explanation:

The Pound industries customer service department incurs $203,000 when 7,000 calls were made. The calls allocated to wholesale operations are 2,940 calls. To identify cost per call, we divide total cost by number of calls initiated.

Cost per call = $203,000 / 7000 calls

Cost per call = $29.

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6 0
2 years ago
1. Moss County Bank agrees to lend the Sadowski Brick Company $500,000 on January 1. Sadowski Brick Company signs a $500,000, 6%
Rainbow [258]

Answer:

Debit interest expenses for $15,000

Credit interest payable for $15,000

Explanation:

Since January 1 to June 30 is 6 months, we need to calculate interest expenses for the 6 months as follows:

Monthly interest expenses = ($500,000 * 6%) / 12 = $2,500

Interest expenses for 6 months = $2,500 * 6 = $15,000

The adjusting entry required will therefore look as follws:

<u>Date            Particulars                              Dr ($)                 Cr ($)        </u>

June 30      Interest expenses                 15,000

                   Interest payable                                               15,000

<u>                    (</u><em><u>To record 6 months interest payable on note.)           </u></em><u>         </u>

3 0
3 years ago
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