Answer:
<u>The correct answer is C. 600 shares worth $16.67 each </u>
Step-by-step explanation:
1. Let's review the information provided to us to answer the question correctly:
Number of old shares Jim owns in Gamma Vision Inc = 400
Value of each share = $ 25
Ratio of new shares : old shares after the split = 3:2
2. How many shares will he have after the split and how much will each be worth? Select the best answer from the choices provided.
A. Let's use the ratio provided to calculate the number of new shares Jim will own, this way:
New shares = 400 * 3/2 = 1,200/2 = 600
B. Let's calculate the price of the new share, this way:
The total value of the new shares should be the same than the total value of the old shares, then:
400 * 25 = 600 * x
10,000 = 600x
x = 10,000/600 = 16.67
<u>The correct answer is C. 600 shares worth $16.67 each </u>
Answer:
8/9
Step-by-step explanation:
8/9= 0.88888888889
Answer:
0.4896
Step-by-step explanation:
just use a calculator ahaha
First, find the area of the large rectangle (25*18=450) then find the area of the small square (7.5^2=56.25) finally subtract the small square from the large rectangle
Answer:
RS > ST > TR
Step-by-step explanation:
<T = 180 - 21 - 14 = 145 degrees
