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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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The purchase of a Porsche produced in Germany has a direct effect on net exports

<h3>What is net export?</h3>

Net exports is total export less import. Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the net exports. Export is when a good produced in a country is sold in a foreign country.

To learn more about imports, please check: brainly.com/question/26497713

7 0
2 years ago
During each stage of a product's life cycle, the types and levels of sales, profits, and competition rise, peak, and eventually
Oliga [24]

Answer:

a

Explanation:

this is due to the initial uptake for the product . it levels to repeat customers but others drop off the sales due to other reasons

4 0
3 years ago
The art and science of choosing target markets and building profitable relationships with them is called ________.A) marketing m
natima [27]

Answer:

A) Marketing Management

Explanation:

According to my research on different business techniques and strategies, I can say that based on the information provided within the question this type process is called Marketing Management. Like mentioned in the question it involves planning and executing, pricing, promotions, relationships, etc in order to expand a business and achieve organizational goals.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
On January 1, Brad Inc. sold $30,000 in products to a customer on account. Then on January 10, Brad collected the cash on that a
ozzi

Answer:

No net effect on the accounting equation.

Explanation:

Given that,

On January 1, Products sold to a customer on account = $30,000

On January 10, Cash collected from a customer = $30,000

Accounting equation is as follows:

Assets = Liabilities + Stockholder's equity

On January 10,

The cash of $30,000 is received from the customer which increases the assets by $30,000 and reduces the accounts receivable by $30,000 which is also a part of assets. Therefore, there is no change or impact on the accounting equation.

3 0
3 years ago
Eight months ago, you purchased 400 shares of Winston, Inc. stock at a price of $56.90 a share. To date the company has paid qua
natima [27]

Answer:

Shares of Winston, Inc. Stock

The total percentage return on this investment is:

= -11.25%

Explanation:

a) Data and Calculations:

Purchase cost = $22,760 (400 * $56.90)

Quarterly dividends received = $440 (400 * $0.55) * 2

Sales price = $19,760 (400 * $49.40)

Total cash receipts from the investment = $20,200 ($440 + $19,760)

Total returns from the investment = -$2,560

Total percentage return on the investment = -$2,560/$22,760 * 100

= -11.25%

b) There is a loss of value on the investment amounting to $2,560, which is 11.25%.  The investment actually yielded a negative return.

5 0
3 years ago
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