Answer:
1,980,000 $40
Explanation:
The following is given;
No. of outstanding shares = 13,200,000
Unit stock price = $50
Acquisition by the unfriendly outside group= 15%
The existing stockholders buy new shares at 20% below $50.
It is worth learning that poison pill is a tactic used by a company that's threatened with an unwelcome takeover bid to make itself unattractive to the bidder. Through the tactic, the company sells a large number of stocks to existing shareholders at lower prices. Thus,
a) the No. of shares to be sold to the unfriendly group
= 15% * 13,200,000 = 1,980,000
b) They will buy at 20% below $50 which translates to
$50*( 1- 0.2)
$50*0.8 = $40
Thus, the new purchase price will be $40 per stock
An art gallery can be a type of business that uses a periodic inventory method.
<h3>What is a periodic inventory method?</h3>
It corresponds to a system used by companies to control and evaluate their stock. In this periodic system, the inventory account would be closed only after an accounting period, such as 1 month or 1 year for example.
In the periodic inventory, the stock accounts would not be updated after each sale and purchase, and the company would be able to analyze and track its stock only after the end of the stipulated accounting period.
Therefore, an art gallery would probably be a company that would use the periodic inventory system because it offers works of art that are generally unique and do not have more than one piece in stock, and sell few units per month.
Find out more about periodic inventory on:
brainly.com/question/25887081
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Answer:
The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Explanation:
a) Spending multiplier = 1/(1 - MPC)
= 1/(1 - 0.8)
= 5
The required shift in spending = change in GDP/spending multiplier
= $40 billion/5
= $8 billion
Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
