Based on the information given the number of shares outstanding after the split will be: 160,000 shares.
Using this formula
Outstanding shares=Current shares outstanding × Number of the split
Where:
Current shares outstanding =40,000 shares
Number of the split =4
Let plug in the formula
Outstanding shares=40,000 shares×4
Outstanding shares=160,000 shares
Inconclusion the number of shares outstanding after the split will be: 160,000 shares.
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Answer:
Medlock will receive $2,940
Explanation:
Credit terms of 2/10, n/30 means there is a discount of 2% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.
According to given data
Sales = $3,000
As the payment is made within discount period, so discount will be availed
Discount = $3,000 x 2% = $60
Now deduct the discount from due balance to calculate the amount received.
Amount Received = $3,000 - $60 = $2,940
Answer:
Customers will less likely agree to pay high price for an experience good
Explanation:
Once a firms reputation is ruined or tarnished, a great number of customers will naturally lose trust as regards products from that firm. Most customer would not want to gamble with their money even with the slight increase in interests rates, it is expected that a firm should always deliver quality product on a consistent basis. Inconsistency in product quality will lead to a reduction in customer trust and overtime, customer base in general.
Answer:
A) True
Explanation:
Expert power is a power people get in the workplace when they are perceived as having a high level of knowledge in a specific topic. This means that any member of the organization that is not necessarily a manager, can have this power if that person has skills that others don't have. People that have this power are respected and employees are more willing to be guided by that person. Because of this, it is true that Farrah has expert power as the employees at Market Industries go to her when they have computer problems because of the perception that she is extremely knowledgeable.
Answer: B. Accounts payable.
Explanation:
I think your question isn't well written, I believe it should be "Which of the following is not a capital component when calculating the weighted average cost of capital (WACC) for use in capital budgeting"?
The capital component when calculating the weighted average cost of capital for use in capital budgeting include the long-term debt, retained earnings, common stock and the preferred stock.
It should be noted that the account isn't among the options as it does not provide flow of capital.
