1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fiasKO [112]
3 years ago
13

stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s

tock of Tricki will go ex-rights. What is Tricki’s expected price when it begins trading ex-rights?
Business
1 answer:
m_a_m_a [10]3 years ago
3 0

Answer:

$99.09

Explanation:

Calculation for What is Tricki's expected price when it begins trading ex-rights

Using this formula

Expected price=Stock rights-on- [ (Stock rights-on-Subscription price)÷(10 rights+ One share)]

Let plug in the formula

Expected price=$100-[($100-$90)÷(10+1)]

Expected price=$100-($10÷11)

Expected price=$100-$0.91

Expected price=$99.09

Therefore Tricki's expected price when it begins trading ex-rights will be $99.09

You might be interested in
A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu
gladu [14]

Answer:

c. 70% / 81% / 90%

Explanation:

Loan to Value ratio LTV is the ratio of borrowers principal loan balance to the appraisal value of the property. Combined Loan to Value Ratio CLTV is the ratio which considers the sum of all the loan taken on the property. High loan to Value ratio is the one which loan is exceeding by the value of borrowers home.

8 0
3 years ago
Which categories of goods used by ordinary people are most affected by scarcity? Use examples from two of these categories and e
Diano4ka-milaya [45]

Answer:

nondurable and consumer goods

Explanation:

Nondurable goods are affected by scarcity because their time life is limited. For example, if the capital goods required for its transportation or conservation of ice cream broke down, the product would ruin very easily.

Consumer goods are generally mass consumed. For example clothes are consumed by most of us during the year, but most of them are imported nowadays. Any trade barrier that delayed their supply would cause a rapid shortage.  

7 0
2 years ago
Prospective financial information presented in the format of historical financial statements that omit either gross profit or ne
stepladder [879]

Answer:

The correct answer is Partial presentation.

Explanation:

Having the minimum presentation guidelines, the financial statements may be converted to basic statements or otherwise adapted to certain guidelines. The presentation is considered partial if it does not take into account one of the following items: (1) gross sales or income, (2) gross profit or cost of sales, (3) unusual or infrequent items, (4) provision for income taxes, (5) discontinued operations or extraordinary items, (6) income from continuing operations, (7) net income, (8) basic and diluted earnings per share, (9) significant changes in financial position.

7 0
2 years ago
The central route to persuasion is to ____ as the peripheral route to persuasion is to ____
pychu [463]
The central route to persuasion is to be persuaded by the content of the message as the peripheral route to persuasion is to agree on the message not based on the arguments but on the expertise of the speaker.For example, when a relationship expert speaks, you can decide to agree with him on the mere fact that he is a relationship expert but not on what he is saying because it may be correct or wrong.
8 0
3 years ago
Assets that are not expected to provide benefits for a number of accounting periods are called __________.
kiruha [24]
Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
5 0
3 years ago
Read 2 more answers
Other questions:
  • Moroni Industries has the following inventory information. July1Beginning Inventory40 units at $120 5Purchases240 units at $112
    12·1 answer
  • Sharon fell while making an inspection of a machine at work and in the fall, she broke her arm. can she collect workers' compens
    10·1 answer
  • Acquiring an existing firm operating in a foreign country rather than undertaking internal development may be the least risky an
    5·1 answer
  • 1. WHAT IS TIME MANAGEMENT TO YOU AND WHY WOULD YOU MANAGE YOUR TIME BETTER?<br> EXAMPLE?
    5·1 answer
  • To assess the current value of a lump-sum retirement benefit that will be received in 10 years, use the __________ calculation.
    8·1 answer
  • A partner's interest: a. is the same as the partnership property. b. cannot be attached by creditors. c. cannot be transferred.
    9·1 answer
  • Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory Information abo
    13·1 answer
  • How can expansionary and contractionary tax policies be used to manage the economy? Be sure to give your answer in two to three
    7·2 answers
  • Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent
    13·1 answer
  • How much interest will Henry save if he finances the vehicle over 36 months instead
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!