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Irina-Kira [14]
3 years ago
15

Effectively a bookkeeping adjustment undertaken by a firm that increases the number of shares outstanding and immediately causes

a proportional decrease in the price of the firm’s stock. _____________
Business
1 answer:
Klio2033 [76]3 years ago
7 0

Answer:

This is a stock split.

Explanation:

This statement describes a stock split. It occurs when a company's board of directors decide to increase the number of company shares but still maintain the same total value of equity. An example would be a 2-1 stock split which means that every investor holding one share of the company would now hold 2 shares . One reason why a stock split occurs is when the stock price is perceived to be too expensive hence necessary to lower the price so other investors can buy it.

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The diameter of bearingsis known to have a mean of 35 mm with a standard deviation of 0.5 mm. A random sample of 36 bearings is
timama [110]

Answer:

Explanation:

given,

Mean,μ= 35mm  

Standard Deviation,σ = 0.5mm  

Sample size, n = 36  

Sample Standard deviation =\dfrac{\sigma}{\sqrt{n}}

                                             = \dfrac{0.5}{6}

                                             = 0.0833

The interested diameter is between 34.95 to 35.18 mm  

Calculating the Z score of the for the diameter mentioned.

P(\dfrac{x_1-\mu}{\sigma})

P(\dfrac{34.95-35}{0.0833})

-0.6< Z < 2.16

now, Form Z-table

P(Z

P(Z

Subtracting the value

      = 0.9846 - 0.2741

      = 0.71

Hence, the required probability is that the diameter of bearing is in between  34.95 and 35.18 mm is equal to 0.71.

6 0
3 years ago
First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest
Pepsi [2]

Answer:

$ 2,621.28  

Explanation:

The simple interest I=P*R*T

P is the principal amount of $11,000

R is the simple interest rate of 6%

T is the number of years the interest relates to

I=$11,000*6%*11=$7260

Compound interest:

FV=PV*(1+r)^n

FV is the amount of the deposit in eleventh year

PV is the amount deposited which is $11,000

r is the rate of return of 6%

n is eleven years

FV=$11000*(1+6%)^11=$ 20,881.28  

I=FV-PV= 20,881.28-11,000=$ 9,881.28  

Difference between interest earned=$9,881.28-$ 7260 =$ 2,621.28  

3 0
3 years ago
Explain five (5) contributions of the manufacturing industry to industrialization​
Drupady [299]

Answer:

Line production system

Scale of production

Development of Factories

Development of Capital Machinery

Development of Capital Goods Industry.

Explanation:

Line production system: This system was adopted in manufacturing companies to divide the tasks between the workers so a product can be manufactured in the fastest way possible

Scale of production: The manufacturing industry develop high levels of production that allow surpluses of production of goods in the economy.

Development of Factories: The manufacturing industry was the first in organize the Plant for production purposes. Therefore, the creation of what is nowadays known as factories was a consequence of this organization.

Development of Capital Machinery: Manufacturers Researched and developed new machines to improve the times of production. With time this technology was used for more industries to achieve fast performances.

Development of Capital Goods Industry: As machines were developed the industry of Capital goods arose and became an important source of technology for companies.

3 0
3 years ago
Bonita Industries uses flexible budgets. At normal capacity of 21000 units, budgeted manufacturing overhead is $168000 variable
Mrac [35]

Answer:

$22,000 Favorable

Explanation:

The computation of the difference between actual and budgeted cost is given below:

Budgeted Variable Manufacturing Overhead Per Unit is

= $168,000 ÷ 21,000 units

= $8

The Fixed Overhead = $360,000

Now

For 26,000 Units, total Overhead Should be:

Variable = 26,000 × 8 = $208,000

Fixed = $360,000

Total = $568,000

And,  

Actual Overhead Cost = $546,000

So,  

Difference between Actual and Budgeted Cost is

= $568,000 - $546,000

= $22,000 Favorable

6 0
3 years ago
explain sustainable income. what relationship does this concept have to the treatment of discontinued operations on the income s
Anni [7]

A corporation needs sustainable income in order to cover all of its expenses in the long run.

What is Sustainable income?

Sustainable income represents the after-tax gain or loss on the impact of operations on a discontinued segment of business for a period.

Therefore, in the case of a discontinued operation, there is no sustainable income arising in the future as the segment of business is already discontinued and income, if any, is going to come only for the period of the discontinued operation. Income or expense from discontinued operations is a line of item in the income statement of a company below income from continuing operations and before the net income.

To know more about Sustainable income, click here- brainly.com/question/18687603

#SPJ4

4 0
1 year ago
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