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7nadin3 [17]
3 years ago
6

"company has 300,000 shares of common stock outstanding that is currently selling at a price of $100 per share. The company has

announced a 3-for-2 stock split."
Business
1 answer:
Xelga [282]3 years ago
5 0

Answer:

450,000 shares are outstanding after stock spilt.

Explanation:

Computing numbers of shares outstanding for company after stock spilt is as:

Number of shares outstanding = Number of Shares × Stock Spilt

where

Number of Shares are 300,000

Stock spilt is 3/ 2

Putting the values above:

= 300,000 × 3 / 2

= 450,000 Shares

Note: Determine the number of shares outstanding for the company after stock spilt. Is the requirement.

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Subtract the purchase price from the current price and divide the result by the asset's purchase prices to determine the net gain or loss in the portfolio. The above method can be modified to determine a portfolio's percentage return. You will base your calculations on the overall value of your portfolio rather than the stock's acquisition price and market value.

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Complete Question:

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3 years ago
The relationship between the interactive communication capabilities of the internet and customization is that
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