Answer:
$45
Explanation:
Calculation for Mercury Industries share price after Mercury implements a 5-for-3 stock split
Stock price = Shares of stock outstanding per share× Implemented stock split
Hence,
Stock price=$75 × 3/5
= $45
Therefore what will be the share price after Mercury implements a 5-for-3 stock split would be $45
Answer: the correct answer is D
Explanation:
Answer: An opportunity cost is a benefit ,profit, or value of something that must be given up to in order to achieve something else.
Explanation:
Answer:
D. Debit Fair Value Adjustment-Available-for-Sale $300; credit Unrealized Gain-Equity $300
Explanation:
The journal entry to record the year-end adjustment is as follows
Fair Value Adjustment-Available-for-Sale $300 ($200,300 - $200,000)
To Unrealized Gain-Equity $300
(Being year-end adjustment is recorded)
The available for sale securities would be at fair market value
Therefore the unrealized gain would be $300
hence, the correct option is d.
