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1a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).
1b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).
1c) The post-split market price per share for GM Corporation is $51.84 ($129.60 x 2/5).
1d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).
What is a Stock-Split?A stock split divides a company's shares into more number of shares. By this division, the number of shares are increased while the share price is lowered.
For example, GM Corporation's 5-for-2 stock split increases its outstanding shares from 4.5 million shares to 11.25 million shares.
Similarly, Burger Chain's 3-for-1 stock split, will increase the outstanding number of shares while reducing the price from $48.81 to $16.27.
Data and Calculations:GM Corporation:Business initiative = 5-for-2 stock split
Price before split = $129.60
Outstanding number of shares = 4.5 million
New number of shares = 11.25 million (4.5 million x 5/2)
a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).
b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).
c) The post-split market price per share per share for GM Corporation is $51.84 ($129.60 x 2/5).
d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).
Burger Chain:Business initiative = 3-for-1 stock split
Price before split = $48.81
Dividend per share = $2.07
2a) The new price of one share after the split for Burger Chain is $16.27 ($48.81 x 1/3).
2b) The new dividend after the split is $0.69 ($2.07 x 1/3).
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Related Questions
Annual Dividends
Question 4 Attached
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Answer:
no it's was not because we don't add
Causes that may lead have led to the business closure
Answers
Answer:
Common Reasons Why Businesses Fail
Starting With Too Much Debt.
No Business Plan.
Mismanaged Cash Flow.
Ineffective Leadership.
Failure to Adapt.
Explanation:
Hope this helps
Answer:
hope this helps pls give brainliest
a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation
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Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.
Tax multiplierUsing this formula
Tax multiplier=-MPC/1-MPC
Where:
Marginal propensity to consume (MPC)=0.67
Let plug in the formula
Tax multiplier=0.67/1-0.67
Tax multiplier=0.67/0.33
Tax muitiplier=2.03
Inconclusion the tax multiplier for this nation is: 2.03.
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What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?
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Answer:
$2,500.
Explanation:
All of the following statements regarding “barter” are true EXCEPT:
It is efficient in terms of resources used.
Its widespread use is limited.
It is an exchange system where goods trade for goods.
Since it requires you to find someone willing to trade, it can be time consuming
Answers
Answer:
1
Explanation:
"It is efficient in terms of resources used."
It is false.
How can you distinguish between the main features of risk management in Islamic finance from the conventional practice of risk management?
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The main difference between risk management in Islamic finance and the conventional practice of risk management is that the former is based on Sharia laws while the latter is based on checking credit history.
What is Risk Management?This refers to the identification and control of threats to the long-term goals of a company.
Hence, we can note that in Islamic finance, there is a strict following of the provisions of finance in Islam which are the Sharia laws and they try not to engage in usury but the conventional practice of risk management makes use of modern methods like credit history and financial risk.
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Personal and business finances should be kept separate.
True
False
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Answer:
(True) It is accurate that personal and business finances should be kept separate.
Explanation:
Though there are various advantages to keeping your personal and company finances separate, tax and personal security issues are two of the most essential. Keeping track of company spending for tax purposes is significantly easier when you have a separate business account and separating your business and personal funds might be a burden, but it can also assist safeguard your assets in the event of legal action.
Ted is very worried about his friend Jamie. Jamie has been
going out every night, drinking, getting high and not coming
to class. He keeps missing Business Law, which everyone
knows is the most important class. Ted tells Jamie that if
he stops drinking every night and doing drugs, Ted will take
him on a cruise to Mexico at the end of the semester. Jamie
agrees and he stops partying. His grades improve, even in
Business Law, and he finishes the semester. Jamie is super
excited about the trip and askes Ted when they are leaving
for the cruise. Ted tells Jamie that there is no trip, it was
just an incentive to get him to stop partying. Ted
congratulates himself on his good work!
Discuss this situation using LEGAL CONCEPTS we learned
in class.
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The best explanation of the given scenario using law terms is that Ted got Jamie to become more productive under false pretexts.
What is False Pretext?
This refers to the use of false representation in order to get someone to do something or give out somethinng.
Hence, in this case, Ted made use of false pretext of a trip to motivate his friend Ted to take his studies and this works for him, but at the end of the semester, he finds out that there is no trip.
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The constraint on deposit creation related to the willingness of consumers, businesses, and governments to borrow the money that banks make available is related to ______.
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The willingness of consumers and governments to borrow money that banks make available is related to financial inclusion.
What is Financial inclusion?Financial inclusion is the access an individual has to financial products such as loan and other credits facilities.
They also have access to services that meet their
financial needs.
Therefore, the constraint on deposit creation related to the willingness of consumers, businesses, and governments to borrow the money that banks make available is related to financial inclusion.
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how do we affect the economy?
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Growland is a country that trades only with Canada. Last year, the value of exports from Growland to Canada was $200 million. Growland also
imported $600 million worth of goods from Canada. Based on this information, which of these statements is true?
Answers
Answer:
growling imports 400million good in trade than Canada
Explain the impact of intonation when used appropriately to support intentions
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The impact of intonation is that it helps to stress or convey information beyond what is being said.
What is intonation?This term is used to refer to the pitch of a person's tone or voice while they are speaking. It is the rise and the fall in their voice.
The kind of intonation a person has while talking can tell you to an extent how they are feeling.
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As more and more firms around the world tighten their corporate governance mechanisms by setting up boards of directors made up of insiders, outsiders, and related outsiders, what will be the most likely effect on these firms' ethical standards and behavior
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The most likely effect is that it will most likely deter unethical behavior among top-level managers.
What is Ethics?This refers to the moral principles that guide an individual's behavior and conduct of activity.
Hence, we can see that based on the creation of a board of directions that tightens up corporate governance mechanisms, there would be stronger boundaries that will deter unethical behavior among top-level managers.
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Monique owns a building that she leases to an individual who operates a grocery store. Rent income is $10,000, and rental expenses are $6,000. On what Form 1040 schedule or schedules are the income and expenses reported
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If the building is lease to a person who owns a grocery store. The Form 1040 schedule that the income and expenses are reported is: Schedule E.
What is Schedule E?
Schedule E can be defined as the type of form that is used to record or report income and expenses that has to do with rental.
Based on the informatioin given both the rent income and rent expenses will be reported under schedule E.
Inconclusion the income and expenses are reported in Schedule E.
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what type of economic system does cubs have
Answers
Answer:
the economy of cuba is a mixed command dominated by state-run enterprises most of the labor force is employed by the state.
Carolina is the vice president of the environmental club at her high school. She is in charge of e-mailing members about upcoming events, answering questions from new members about enrollment, and explaining club guidelines to club members. As a part of her position, Carolina employs a lot of _______________ communication.
Answers
Answer:
Downward communication
Explanation:
She is a higher up in the club, and conveys information to the rest of the club members, who don't have as much of an important position. Her job is to move information given to her to the rest of the members.
How can companies increase return on common stockholders’ equity without increasing revenue?
A) By purchasing more inventory
B) By increasing preferred dividends
C) By issuing more common stock
D) By reducing expenses
Answers
Which of the following is not a barrier to entry in a monopolized market
Answers
The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.
What is a monopolized market?A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.
On this note, the choice which is not a barrier to entry in such market is; A large single firm.
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Economic significance of the stages of production
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Stage two is the period where marginal returns start to decrease.
In stage three, marginal returns start to turn negative.
Using the Base Case, calculate the annual sales growth for 2020E using a weighted-moving average of the past three years' growth rates, with the most recent year given a weight of 3, the next given a weight of 2 and the oldest given a weight of 1. What is the growth rate
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The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, etc.
What is growth rate?Your information is incomplete as the figures or data aren't given. Therefore, an overview will be given. It should be noted that a growth rate simply means the percentage change of a variable within a period of time.
The growth rate in investment is the compounded annualized growth of the revenue for a company, dividends, retail sales, GDP etc.
To calculated the growth rate, subtract past value from current value and divide that number by the past value.
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Answer:
Explanation:
7.6%
Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production budgets. B) Sales budgets. C) Cash budgets. D) Rolling budgets. E) Capital expenditures budgets.
Answers
When a budget is revised by adding a new quarterly budget to replace a previous one, this is a D. Rolling budget.
What is a rolling budget?This is a type of budget that is considered continuous and perpetual because it captures the needs of the company over a longer period.
For instance, a rolling budget might be for a year but divided into 4 parts for each quarter such that as each quarter comes along, the company will simply start using the next quarterly budget.
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Required information Skip to question [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Department M Department N Department O Department P Department T Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $ 266,000 Expenses Avoidable 13,300 40,600 23,000 17,500 44,100 138,500 Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100 Total expenses 67,900 57,400 27,900 56,600 58,800 268,600 Income (loss) $ 6,100 $ (17,400) $ 39,100 $ (6,600) $ (23,800) $ (2,600) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated.
Answers
a) The segmented income statements for Suresh Company are as follows:
Dept M Dept N Dept O Dept P Dept T Total
Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $266,000
Avoidable
Expenses 13,300 40,600 23,000 17,500 44,100 138,500
Contribution $60,700 ($600) $44,000 $32,500 ($9,100) $127,500
Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100
Income (loss) $6,100 $ (17,400) $ 39,100 $ (6,600) $(23,800) $(2,600)
b) The computation of the total increase in income, if the departments with sales less than avoidable costs identified in part a are eliminated, is $9,700 ($7,100 + $2,600).
What is a segmented income statement?A segmented income statement is an income statement that breaks down the revenues and expenses by business units, such as product line, location, department, salesperson, or territory.
Preparing segmented income statements helps management to:
Identify underperforming segmentsDevelop strategies for boosting profits.Data and Calculations:Segmented Income Statements before the elimination of Departments with sales less than avoidable costs:
Dept M Dept N Dept O Dept P Dept T Total
Total Sales $ 74,000 $ 40,000 $ 67,000 $ 50,000 $ 35,000 $266,000
Avoidable
Expenses 13,300 40,600 23,000 17,500 44,100 138,500
Contribution $60,700 ($600) $44,000 $32,500 ($9,100) $127,500
Unavoidable 54,600 16,800 4,900 39,100 14,700 130,100
Income (loss) $6,100 $ (17,400) $ 39,100 $ (6,600) $(23,800) $(2,600)
Segmented Income Statements after the elimination of Departments with sales less than avoidable costs:
Dept M Dept O Dept P Total
Total Sales $ 74,000 $ 67,000 $ 50,000 $191,000
Avoidable Expenses 13,300 23,000 17,500 53,800
Contribution Margin $60,700 $44,000 $32,500 $137,200
Unavoidable Expenses 54,600 4,900 39,100 130,100
Income (loss) $6,100 $ 39,100 $ (6,600) $7,100
Increase in income = $9,700 ($7,100 - ($2,600)
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When bonds are issued at their face amount, the journal entry will include a __________ to __________.
a. credit; Premium on Bonds Payable
b. debit; Discount on Bonds Payable
c. credit; Cash
d. credit; Bonds Payable
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Interest will gather on all of the
following EXCEPT which one?
A. a cash purchase
B. an automobile loan
C. a home loan
D. a credit card loan
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What kind of bonds are issued by businesses as a source of long-term funding?
Answers
Corporate bonds are issued by companies.
general obligation bondsrevenue bondsconduit bondsExplanation
Corporate bonds are debt securities issued by private and public corporations.
_____ requires that employees actually learn the content of the training program and that the necessary conditions are in place for employees to apply what they learned.
Answers
The requirement that employees actually learn what they are trained on and can apply that training is known as Transfer of training.
What is transfer of training?This is a factor in human resource management that calls for employees to be able to transfer what they learnt in training, to their actual jobs.
For this to happen, the employees need to actually learn the content of training programs as well as operate in conditions that are necessary for them to apply what they learned.
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A manager is trying to determine if an employee can be trusted to work independently and if the employee will show up for scheduled shifts on a regular basis. Which trait from the Big Five Personality Dimensions is the manager examining
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The trait from the Big Five Personality Dimensions where the manager is examining if an employee can be trusted to work independently is Conscientious.
What are Conscientious people?Conscientious people are people that others rely on. They have to be able to handle what is put on their plate, and they have to be trustworthy. Conscientiousness is an essential trait for any managerial position.
Characteristics of conscientious traits are :
Dependable,OrganizedReliableAmbitious,HardworkingPerseveringLearn more about Conscientious people here : https://brainly.com/question/5619538
Financial accounting
Answers
Answer:
What is the radius if the diameter is 12 meter
Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a salvage value of 13,000 the company use straight line depreciation method at the beginning of year for farmer revise the expected life to eight years the annual amount of depreciation expense for each of the remaining years would be
Answers
Answer:
$6,240
Explanation:
annual amount of depreciation expense for each of the remaining years would be $6,240.
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The role of central bank lending to banks in financial distress is called?
Answers
When the central bank lends to banks in financial distress, this role is known as being the lender of last resort.
What does the Central bank do?The central bank has several duties in the financial system and being the lender of last resort is one of them.
This role calls for them to bail out banks that are going through financial distress by loaning them money. Because they only step in to bail out when things are really bad, they are called the last resort lender.
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