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Damm [24]
3 years ago
14

Suppose you own 5% of Coastal Corporation's 400,000 outstanding common shares. The stock was trading for $135 per share before C

oastal executives announced a 3-for-2 stock split. After the split, you will own _____ shares worth _____ per share.
Business
1 answer:
Elan Coil [88]3 years ago
3 0

Answer:

number of share 30,000 share

price per share = $90

Explanation:

given data:

investor's share = 5%

outstanding share =400,000

stock split = 3/2

number of share after spliting = investor share* outstanding share* stock split

                                                  = 5%*400,000*(3/2)

                                                   = 30,000 share

per share price can be determined by using following relation:

price\  per\  share =\frac{ outstanding\  share*\  trading\ price * investor's\  share}{ number\  of \ share\  after \ splittg}

                             = \frac{40000 *135*0.05}{30000}

                               = $90

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Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

<h3>What is corporate social responsibility?</h3>

Corporate social responsibility refers to the approach adopted by entities to respond to social justice in their environments.

Entities engage in corporate social responsibility in four major areas:

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<h3>Question Completion with Answer Options:</h3>

(A) corporate philanthropy differences in different countries.

(B) social responsibility differences between similar firms, but in different countries.

(C) the difference in corporate social initiatives in foreign nations.

(D) the need for whistleblowers abroad.

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2 years ago
Profits from a sole proprietorship are reported as taxable income and
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Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.

Explanation:

Sole proprietors are asked to  contribute  to both the Social Security and Medicare systems,this type of  contributions is known as the  "self-employment taxes."

Self-employment taxes are considered equal to the  payroll tax in case of an  employees of a business. Regular employees are said to make their  contributions to the above mentioned  two programs in form of  deductions fr, sole proprietors  make such contributions when the pay their  income tax

The rate of  self-employment tax  is 15.3%, which is further divided as  12.4% of  Social Security  and 2.9% of  Medicare .

Thus we can say that Profits from a sole proprietorship are reported as taxable income and (B) are subject to a self-employment tax of approximately 15%.

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Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income stat
WARRIOR [948]

Answer;

Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

Cost of goods sold = Cost of finished goods available for sale - Ending finished goods

a. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

331,000 = a - 64,900

a = 331,000 + 64,900

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b. Cost of goods sold = Cost of goods manufactured - Ending finished goods

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= $319,800

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c = 178,600 - 18,800

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= $141,100

e. Cost of goods manufactured =  Cost of finished goods available for sale - Beginning inventory of finished goods.

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