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pochemuha
3 years ago
6

esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m

arket value was unchanged by the split, what is the price of the stock today? Select the correct answer. a. $15.59 b. $12.99 c. $14.29 d. $16.89 e. $11.69
Business
1 answer:
boyakko [2]3 years ago
4 0

Answer:

The correct option is C, $14.29  

Explanation:

A 7-2 stock split means that 7 shares now have the value of 2 shares held previously.

This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.

The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e   ($50*2)/7=$ 14.29  

The correct option from the multiple choices is $ 14.29  

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__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig
Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0
4 years ago
Under the allowance method for estimating uncollectible accounts, the entry to write off an account:
Effectus [21]

\huge\red{answer}

DEBIT TO ALLOWANCE for Doubtful Accounts and a credit to Accounts Receivable.

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When a specific customer's account is identified as uncollectible, it is written off against the balance in the allowance for bad debts account.

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7 0
3 years ago
Read 2 more answers
Drag each tile to the correct location on the table.
Neporo4naja [7]

The correct options for the matchup are:

For Investing mistake :

  • Silvia
  • Ryan
  • Martha

For Good investment decision:

  • Sanjay
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  • Sabina

<h3>What is known as an investment?</h3>

An investment is known to be a kind of an asset or item that is gotten by a person with the aim of getting income or appreciation.

Note that Appreciation is said to be an increase in the value of an asset in course of time and from the above, you can see those who made good decision and those who made bad decision.

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8 0
2 years ago
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If people have a high degree of _______ one is more likely to want to stay with their current company.
IrinaVladis [17]

If people have a high degree of organizational commitment one is more likely to want to stay with their current company.

Organizational commitment means the connection or the bond that the employees have with their organization or the employer. It all depends upon their psychology that more attachment they have with their employer or the organization more will they want to stay in it.

It defines  different variables such as the job performance of the employees, turnover of the company or the employee employer relationship.

A model of commitment was given by Meyer and Allen in which they defined three types of commitment:

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8 0
2 years ago
Look at the scenario Linear Production Possibility Frontier. What is the maximum number of pairs of socks Largetown can produce?
LenaWriter [7]

Answer:

A) 40

Explanation:

The chart is not very clear, but the information included is:

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If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks

The total number of shirts produced would be 20.

8 0
3 years ago
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