Answer:
13,384.62 shares
Explanation:
Current number of shares = $435,000 / $13
Current number of shares = 33461.53846154
Current number of shares = 33,461.54 shares
Stocks outstanding after the reverse stock split = (33,461.54 shares / 5)*2 = 13384.616 = 13,384.62 shares.
So, 13,384.62 shares of stock will be outstanding if the firm does a reverse stock split of 2-for-5.
Answer:
B. Minus 2.63%
Explanation:
Increase in consumption = Change in consumption × Household wealth
= $0.05 × $45billion
= $2.25billion
Total output = Potential GDP ÷ Multiplier effect
= $120 billion ÷ 1.4
= $85.71
Total change in output = Increase in consumption ÷ Total output
= $2.25 ÷ $85.71
= $0.0263 or 2.63%
Elders reside with those accommodations available to them usually live in a assisted living facility or a nursing home
Answer:
$183,493.91
Explanation:
The computation of the amortization expense is shown below:
but before that following calculations are needed
The Amortization cost per year is
= $2,500,000 ÷ 16 years
= $156,250
Now the legal fees per year
= $326,927 ÷ 12 years
= $27243.92
Now the amortization expense is
= $156,250 + $27243.92
= $183,493.91
