<span>In this closed economy for basketball tickets, we experience a limited, finite supply, and an increasing demand for the tickets as the playoff season approaches. As such, we expect the demand curve to move through reselling until settling at a new equilibrium consisting of a much higher price for the tickets than the original $30 figure.</span>
Answer:
the correct answer is TRUE
Explanation:
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Answer:
1) $30
2) 2,014,000 shares
Explanation:
1). A 4 for 1 stock split means that for every one stock outstanding, there would be two stocks outstanding port the split. However, the value of the firm is not increased here. So, the value of firm won't change
Value of firm pre-split = Value of firm post-split
Therefore,
Number of shares pre-split * Share Price pre-split = Number of shares post-split * Share Price post-split
1 * $90 = 3 * Share price post-split
Solve for share price post slip:
Share price post-split = $90/3 = $30
2) Number of shares post stock dividend = Number of shares pre stock dividend * (1 + Dividend %)
Number of shares post stock dividend = 1,900,000 * (1 + 6%) = 2,014,000 shares
Answer:
E
Explanation:
All of these choices are correct.
Place refers to the channels of distribution either through distribution/market channels and physical distribution. It is a vital part of the total marketing mix, it ensures that products are available to the appropriate markets, at the right proportion or quantity, at the best condition, appropriate time, anytime and at all times.
Answer:
1. $383 300 is due for the month of May.
2. $412 400 is due for the month of June
Explanation:
1. May = ($374000 * 75% from April purchases) + ($411 200 * 25% from May purchases)
= $280 500 + $102 800
= $383 300 is due for the month of May
2. June = ($411 200 * 75% from May purchases) + ($416 000 * 25% from June purchases)
= $308 400 + $104 000
= $412 400 is due for the month of June