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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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Suppose that you start working for a company at age 25. You are offered two rather unlikely, but quite enticing, retirement plan
Harlamova29_29 [7]

Answer:

Total amount= $600,000

Explanation:

Giving the following information:

Suppose that you start working for a company at age 25.

<u>Option 1:</u>

$20,000 for each year of work.

Number of years of service= 55 - 25= 30 years

<u>Now, the total retirement plan:</u>

Total amount= 30*20,000= $600,000

8 0
3 years ago
How do i get an egg out of my fridge????? HELP NEED TO KNOW ASAP
Tamiku [17]

Answer:

open fridge!!!

Explanation:

STEP 1: open fridge

STEP 2: find the egg then grab with hand!!!!!!!!

(Its really hard!!)

3 0
3 years ago
To enhance your ability to assess and manage risk in specific driving situations, you should:_____.
kaheart [24]

To enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

Given an incomplete sentence related to the ability to manage and assess the risk in specific driving situations.

We are required to fill the blank given in the sentence so that the sentence will give adequate meaning.

The words which are to be filled in the sentence are "assume that a dangerous situation may occur",

While driving there is a risk of accident so when someone is assessing the risk of specific driving then he has to take in consideration that any dangerous situation can occur. We know that the thinking that the accident may occur is negative but an analysts has to think multidimensional.

Hence to enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

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7 0
2 years ago
Anderson's Furniture Outlet has an unlevered cost of capital of 8%, a tax rate of 35%, and expected earnings before interest and
navik [9.2K]

Answer:

8.67%

Explanation:

The computation of cost of equity is shown below:-

Before capitalization the value of equity = Interest and taxes × (1 - tax rate) ÷ Cost of capital

= $1,500 × (1 - 0.35) ÷ 0.08

= $1,500 × 0.65 ÷ 0.08

= $12,188

Value of firm with debt = The value of equity before capitalization + (Bonds outstanding × tax rate)

= $12,188 + ($3,500 × 0.35)

= $13,413

After recapitalization debt equity ratio = Cost of capital + ((Cost of capital - Coupon percentage) × Tax rate × (1 - tax rate)

= 0.08 + ((0.08 - 0.05) × (0.35) × (0.65))

= 0.08 + ((0.03) × (0.35) × (0.65))

= 8.67%

5 0
3 years ago
__________ are on the demand side and __________ are on the supply side of the loanable funds market. Choose one: A. Households;
mr_godi [17]

Answer: B. Households; firms and banks

Explanation:

Loanable fund market shows the relationship between the savers and the borrowers in the economy. Loanable funds are demanded by the borrowers and supplied by the savers. The firm's and government are always on the supply side of the loanable funds while households are those who demand either for Business, leisure or to solve a challenge. They are usually charged by some amount of interest to pay back the loans by the banks and government.

8 0
3 years ago
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