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Inga [223]
3 years ago
5

Whited Products recently completed a 4-for-1 stock split. Prior to the split, its stock sold for $120 per share. If the firm's t

otal market value increased by 5% as a result of increased liquidity caused by the split, what was the stock price following the split?
a) $28.43
b) $29.93
c) $31.50
d) $33.08
e) $34.73
Business
1 answer:
professor190 [17]3 years ago
5 0

Answer:

$31.50

Explanation:

Whited product recently concluded a 4-for-1 stock split

Before the split its stock was sold for $120 per share

The total market value is increased by 5%

The first step is to calculate the quantity of stock after the split

= $120/4

= 30

Since the total market value was increased by 5% then the stock price following the split can be calculated as follows

= 30×1.05

= $31.50

Hence the stock price following the split is $31.50

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it is your job to take customer orders and ensure items are in stock. it is alex's job to package and deliver those istemrs to t
aniked [119]

it's his job to take customer orders and make sure the items are in stock, his role is a stockist, and it's alex's job to pack and deliver these istemrs to the customer, he's a packer.

<h3>What are the functions of a stockist?</h3>

A stockist is responsible for managing the stock, receiving goods and knowing where each type of product is. This professional should organize the products and separate them by categories to make it easier to find them.

<h3>What is a packer?</h3>

The Packer packs, bags and boxes the goods. He also provides support by transporting products to the various areas of an establishment. In addition to checking the weight, prices and codes of the merchandise, this professional is responsible for forwarding documents, objects and serving customers.

With this information, we can conclude that his role is a stock clerk, and it is the job of packer Alex.

Learn more about packer in brainly.com/question/21054436

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6 0
2 years ago
Dock Corporation makes two products from a common input. Joint processing costs up to the split-off point total $33,600 a year.
aniked [119]

Answer:

20,500

Explanation:

The minimum price at split off is the benefit of further processing less the cost of this processing.

product X further process sales value:        35,000

cost of further processing:                             (15,000)

minimum accepted price at split-off point: 20,500

The reasoning is as follow: the company will sale at leat to break even.

so the product at split off will be sold at cost.

to get 35,500 worth of goods we must add up to 15,000 dollars

so the initial cost is 35,500 - 15,000 = 20,500

7 0
3 years ago
Since marketing research is a main data source for management information systems, _______. a. it cannot help managers serve fut
Dmitrij [34]

Marketing research leads to getting of relevant data for management decision making.

<h3>What is a Marketing research?</h3>

This means a process of knowing the viability of a new product through a research conducted directly with potential customers.

This allows to gather relevant information about the potential customers of the product.

Therefore, the Option C is correct.

Read more about Marketing research

<em>brainly.com/question/24906199</em>

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8 0
2 years ago
Why is it important to understand which insurance network you are in
spin [16.1K]

Answer:

Because different insurance networks provide seperate benefits. For example a health insurance provider would give you injury-related insurances etc.

8 0
3 years ago
If Joe were to introduce himself as Dr. Early to sell to Gensol, knowing that people would assume that he was a medical doctor,
valentina_108 [34]

Answer:

C

Explanation:

Yes if he is giving his opinions on Gensol just to increase the sales and he is not a medical doctor, and people will assume that he is, then he will enter in fraudulent activity. Obviously this is not a criminal offense but its not ethical.

Just to increase sales he must not introduce himself as doctor of anything, considering the fact that people will consider him medical doctor and rely on his opinion. Its purely unethical and immoral.  

3 0
4 years ago
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