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
True [87]
3 years ago
7

On June 5, 2019 , ABC Inc. instituted a 4-for-1 stock split. Before the split, ABC Inc. had 200,000 shares outstanding with a pr

ice of $168 per share. Show that the stock split for ABC Inc. was a monetary non-event.
Business
1 answer:
Amiraneli [1.4K]3 years ago
8 0

Answer:

Post split Shares: 800,000

Post split par value: $42

Explanation:

Given:

  • Number of out standing shares:  200,000
  • Price per share:  $168

ABC Inc. instituted a 4-for-1 stock split, it means that every holder of 1 share will receive 4 shares. So the total of outs standing stock will be increased 4 time, which is:

200,000*4 = 800,000 shares

The price of a split stock is calculated by dividing the face value of the proposed share:

$168 /4 = $42 per share

So:

  • Post split Shares: 800,000
  • Post split par value: $42
You might be interested in
Elizabeth is considering how to structure a project team that will not directly disrupt ongoing operations. The project needs to
stich3 [128]

Answer: E. Projectized

Explanation:

Projectized organization is a type of organization in which the project manager is backed up to make decisions that as to do with the project. In such an organization the project manger is at the top rank and every other person in the organization reports directly to the project manager especially when it as to do with a project. Based on the capacity the project manager holds, he can assign or allocate priorities, direct work and resources for a project.

8 0
3 years ago
Please help me. ...​
geniusboy [140]

Answer:

You got this, never give up!

Explanation:

Believe in yourself. : )

7 0
3 years ago
Say, 3 customers enter a store. On the basis of past experience, the store manager estimates the probability that any one custom
vaieri [72.5K]

The probability that two of the next three customers will make a purchaseis mathematically given as

P(1) =0.441

<h3>What is the probability that two of the next three customers will make a purchase?</h3>

Generally, the equation for Probablity is  mathematically given as

A)

P(1) = 3 C 1 (0.3)^1 (0.7)^2

P(1) =0.441

B)

n=1000

E (x) =np = 1000x0.3

E (x) =3.00

C)

Variance= mpq

Variance= 300 x0.7

Variance= 210

In conclusion,

P(1) =0.441

E (x) =3.00

Variance= 210

Read more about probability

brainly.com/question/14210034

#SPJ1

4 0
2 years ago
LIST ME THE COOLEST CREATIVE BUISNESS IDEAS THAT CAN GET ME RICH (personal buisness not occupation )
Marizza181 [45]
Answer:
YT channel......


3 0
4 years ago
Read 2 more answers
Production-based accounting is used to estimate gdp by​ ____________.
aliina [53]
B.
adding up the incomes received by all the resources that contributed to production.

Or

D.
all of the above.
6 0
3 years ago
Other questions:
  • Quuizlet the two common methods of processing credit and debit card transactions are
    6·1 answer
  • Your salary has increased 50 percent in five years. What is the annual percentage increase? Round your answer to one decimal pla
    10·1 answer
  • Which of the following should NOT be discussed during safety training? A. Psychological factors that might contribute to an acci
    6·1 answer
  • Marvin’s Kitchen Supply delivers restaurant supplies throughout the city. The firm adds 10 percent to the cost of the supplies t
    11·1 answer
  • Hopefully, the pattern is clear! Call the amount owed after the payment at the start of Monthn An. Based off ofthis pattern, wri
    6·1 answer
  • What are the company’s total liabilities ?
    9·1 answer
  • A college raises its annual tuition from $23,000 to $24,000, and its student enrollment falls from 4,877 to 4,705. Compute the p
    10·1 answer
  • Which of the following is not a benefit of using a computerized budgeting system? A. Such systems speed up and reduce the cost o
    14·1 answer
  • Regarding increasing productivity, factor mobility is
    6·1 answer
  • Calculate equilibrium price and quantity<br>Qd= 16-4P<br>Qs= 4+20P​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!