Answer:
A) adjust the market price of a stock so it falls within a preferred trading range
Explanation:
A stock split is when a company increases the number of its shares outstanding.
for example if a company has 6 million shares outstanding at a price of $10, earning per share is $1 and dividend per share is $2. this company announces a 2 for 1 split :
the number of outstanding shares becomes 2 x 6 million = 12 million
stock price becomes = $10 / 2 =$5
earning per share = $1 / 2 = $0.50
dividend per share = $2 / 2 = $1
After a stock split, the price of the shares falls. so it can be used to adjust the market price of a stock so it falls within a preferred trading range.
A stock split doesn't affect the balances in shareholders equity account.
Stock split doesn't affect the cash holdings of the firm.
Market capitalisation doesn't change after a split, so stock value doesn't change.
Answer:
The correct answer is c. greater; increase.
Explanation:
The models follow one another by altering the assumptions about the flexible or rigid nature of the prices determined in the different markets.
• Flexible price: the price varies, increasing when there is excess demand and decreasing when there is excess supply.
• Rigid price: it does not follow the logic of the mentioned variation because it responds to other factors or because although it varies according to the logic described above, it does not do so sufficiently for the market to balance instantly. (IMP .: do not confuse rigid price with constant price).
Since the government aimed to make westward migration more appealing to immigrants, "A poor family that coveted property" was primarily those who benefited.
Due to their inability to purchase a farm at an affordable price, many ended up squatting on public property without a valid title. The Harrison's Land Act of 1800 decreased the minimum purchase size from 640 acres to 320 acres and added a credit provision. A quarter of the total cost had to be paid up front, and the remaining amount had to be paid over the course of four years with an extra year added on for late payments.
To learn more about Land Act of 1800 here
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Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $400,000
To Bonds payable $400,000
(Being the bond is issued for cash)
For recording this we debited the cash as it increased the assets and at the same time it increased the liabilities so the bond payable is credited
On July 1
Interest expense $14,000
To Cash $14,000
(Being the payment of interest is recorded)
The computation is shown below:
= $400,000 × 7% × 6 months ÷ 12 months
= $14,000
For recording this we debited the expenses as it increased the expenses and at the same time it decreased the assets so the cash is credited
On Dec 31
Interest expense $14,000
To Interest payable $14,000
(Being the accrual of interest is recorded)
For recording this we debited the expenses as it increased the expenses and at the same time it increased the liabilities so the interest payable is credited
Answer:
The correct answer is 74.22%.
Explanation:
As per the data given in the question,
Store is open for = 6 days per week
Demand = 27 units per day
Standard Deviation of daily demand = 5 units
Lead time for delivery = 6 days
Reorder point of = 170 units
As per the following formula,
Reorder point = Daily demand × Lead time + z value × standard deviation × sqrt(Lead time),
where z = implied cycle service level
170 = 27 × 6 + z × 5 × sqrt(6)
z = (170 - 27 × 6) / (5 × sqrt(6))
z = 0.65
From the Z table, Service level = 0.7422 or 74.22%.
