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const2013 [10]
3 years ago
6

Glendale Paving currently has 45,000 shares of stock outstanding that sell for $38 per share. Assume no market imperfections or

tax effects exist. What will be the new share price if the firm declares a stock dividend of 22 percent
Business
1 answer:
Aloiza [94]3 years ago
3 0

Answer:

$31. 15

Explanation:

From the question we are required to find the new stock price considering that no market imperfections or tax effects exist.

stock dividend = 22 percent

Amount per share = $38

At a a stock dividend of 22 percent, new share price would be

= $38(1 / 1.22)

= $31.15

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1 year ago
Flanders Company purchased an asset on January 1, 2021 for $60,000. The asset has an estimated salvage value of $3,000. Its esti
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Answer:

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(ii) Explain the principal agricultural practices/technologies associated with the green revolution.

  • extensive use of fertilizers, pesticides, genetically modified seeds and mechanical machinery.  

(iii) Name TWO regions, in different parts of the world, where the green revolution has had a significant impact on crop yields.

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