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vredina [299]
3 years ago
10

g The company plans a 4-for-1 stock split. How many shares will you own and what will the share price be after the stock split?

Business
1 answer:
Nata [24]3 years ago
7 0

Answer: 14,400; $17

Explanation:

Stock splits are a strategy by firms to increase the liquidity of their shares especially when they are trading at a high price. The firm divides the stock by a certain number thus increasing the number of shares by the multiple of the number. This action will divide the price of the stock and thus allow for more trade as they are cheaper.

A 4-for- stock split means that each share will become 4.

Your total number of share will become;

= 4 * 3,600

= 14,400 shares

The new price will be;

= 68/4

= $17 per share

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What interest rate (the nearest percent) must Charlie earn on a $362000 investment today so that he will have $1126000 after 10
Papessa [141]

Answer:

12%

Explanation:

A = P(1+r)^n

A (amount) = $1126000

P (principal) = $362000

n = 10 years

1126000 = 362000(1+r)^10

1126000/362000 = (1+r)^10

(1+r)^10 = 3.1

1+r = 3.1^0.1

1+r = 1.12

r = 1.12 - 1 = 0.12 = 12%

3 0
3 years ago
Minerals are structurally simple, inorganic substances that exist as groups of one or more of the same atoms. In chemistry, what
olga_2 [115]

Answer:

The substance does not contain carbon .

Explanation:

Usually, an inorganic substance is a type of chemical substance that loses bonds with carbon-hydrogen, that is, a product that is not biological.

  • The difference, though, is not defined and accepted, and experts have varying views on the matter.
  • An inorganic compound, any material which generally combines two or more chemical compounds other than carbon, almost always in clear and obvious percentages.

5 0
3 years ago
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pantera1 [17]

Answer:

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8 0
3 years ago
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How Do Earthquakes Form Will Give Brainliest
densk [106]

Answer:

Earthquakes happen when the boundaries of the Earth's tectonic plates bump and slide past one another; sometimes, they get stuck on jagged edges and cause earthquakes once they are released. These earthquakes are always followed by aftershocks starting from the same epicenter.

Explanation:

The Earth's four main layers are the inner core, outer core, mantle and crust. The crust and the mantle make up a "skin" on the outside of the planet, but is not made of a single piece. The pieces of the mantle and crust are called tectonic plates with the outer edges of each of them called plate boundaries. The section where two plates meet and move is called a fault. As each of the plate boundaries get caught on each other, the rest of the tectonic plate keeps moving and energy begins to store at the point of friction.

When the energy overcomes the friction caused, all of the energy is released and radiates from the epicenter. These waves of energy are called seismic waves and ripple like water on a pond when a stone is dropped in. They often reach the surface of the planet where everything starts to shake. This is why cities or towns that are located near faults are more likely to feel earthquakes than those in the center of a tectonic plate.

4 0
3 years ago
Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
Illusion [34]

Answer:

$1,053.48

Explanation:

For computing the price of the bond we use the Present value formula which is to be shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 6.4%

NPER = 10 years  - 1 year = 9 year

PMT = $1,000 × 7.2% = $72

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After applying the above formula, the price of the bond is $1,053.48

3 0
3 years ago
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