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Inga [223]
4 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]4 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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777dan777 [17]

Answer:

The correct answer is letter "B": Merit pay provides an incentive for teachers to work harder.

Explanation:

The "<em>merit pay</em>" would allow teachers' to have access to better payments according to their performances. There must be a set of rules well established that determine if teachers are doing their job well or not. For those with lower ratings, the "<em>merit pay</em>" could represent an incentive to take a look at their daily labor activities to improve them so they can also access to higher income.

4 0
4 years ago
Mystic Co., a Texas-based fashion apparel company with subsidiaries in more than 25 countries across the world, is one of the mo
Alex777 [14]

Answer:

transnational

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question it seems as though Mystic Co. is a firm that successfully pursues a transnational business strategy. This is a strategy in which a business sells it's products across various nations, each of which is has a personalized approach when it comes to selling and marketing the product in that nation. Which seems to be the case with Mystic Co. since they are a very successful business that sells it's products in more than 25 different countries and since it is a fashion store it has to adapt to each countries unique styles.

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

6 0
3 years ago
The purchase of raw materials on account in a process costing system is recorded with a:A. Debit to Purchases and credit to Cash
Mashcka [7]

Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".

Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.

6 0
4 years ago
A jury must decide whether a defendant, already judged should receive the death penalty. They are told that the defendant commit
Nat2105 [25]

Answer:

d.mitigating

Explanation:

This is a mitigating factor. A mitigating factor is a fact of relevance as it can reveal the motivations of the crime. Although not sufficient to absorb the defendant, except in cases of self-defense, when there is evidence of mitigating factors, this can be used to soften a defendant's penalty if it is proven that the motive for the crime was not misleading. A good example is the case in which the defendant committed a murder, and he was sentenced to death, but there is a mitigating factor: the defendant suffered physical abuse for years and killed his attacker. The jury can understand that the defendant committed the crime due to the suffering caused by the victim, which would be different from a crime motivated by trite motives. Thus, the death penalty can be understood as disproportionate and it can be reversed to a less severe penalty.

6 0
4 years ago
1) The pen example in the video suggests that most salespeople ____________________. a struggle to get a foot in the door b are
Fofino [41]

Answer:

A. struggle to get a foot in the door

Explanation:

The example of pen was used to define the fact that most salespeople start off by asking or telling the usual instead of analysing the situation and determining the right questions to be asked from the customer which ultimately leads to most of sales individuals to struggle.

Like in this case where a salesperson is given a pen, he would start by saying that he has a pen to sell with multiple colours, they are affordable and lightweight. These questions are too generic and may not interest the customer. Instead to sale better one must ask intelligent questions that will be  relevant for the customer in order to pitch them the right kind of product.

6 0
3 years ago
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