Gerald owns 465 shares of stock, with a basis of $2,831. The stock split 3 for 1. Gerald now owns ______ shares at ______ per share.

Answers

Answer 1

Answer:

Gerald now owns 1,395 shares at $2.03 per share.

Explanation:

Gerald originally owned 465 stocks, but after the stock split he will own 465 x 3 = 1,395 stocks. His basis though will not change, it will be the same $2,831. So the basis per share = $2,831 / 1,395 stocks = $2.029 ≈ $2.03 per stock. Stock splits do not alter the basis of a portfolio, it only increases the total number of stocks.

Answer 2

The amount of shares Gerald now owns is 1,395 shares and the price per share is $2.03.

When there is a stock split, the number of stock outstanding is increased by a constant number. When there is a stock split 3 for 1, for every 1 stock a shareholder owns, the shareholder now owns 3 stocks.

Number of shares owned = 465 x 3 = 1,395 shares

When there is a stock split, the value of the stock declines per share.

Value per share = $2831 / 1395 = $2.03

To learn more about stock splits, please check: https://brainly.com/question/25513890


Related Questions

The return on total assets is computed by dividing net sales by average total assets. net income by ending total assets. net income by average total assets. net sales by ending total assets.

Answers

Answer:

The return on total assets is computed by dividing net income by ending total assets

Explanation:

Here in this question, we are interested in knowing the mathematical formula that can be used to calculate the return on total assists

Mathematically, to calculate the return on total assets, two factors are needed.

These factors are;

i) Company’s net income

ii) Company’s assets total value

By using a specific period of time ( quarterly, annually etc); we can divide i by ii

So what we mean here is that;

Return on total assets = Net income of a company over a specific time period divided by the total asset value of the company over that specific period of time

Gamble Corporation had beginning inventory $100,000, cost of goods purchased $700,000, and ending inventory $140,000. What was Gamble's inventory turnover

Answers

Answer:

Inventory turnover= 5.5

Explanation:

First, we need to calculate the cost of goods sold using the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 100,000 + 700,000 - 140,000

COGS= 660,000

Now, the inventory turnover:

Inventory turnover= Cost of goods sold/ average inventory

Average inventory= (beginning inventory + ending inventory) / 2

Average inventory= (100,000 + 140,000)/2= 120,000

Inventory turnover= 660,000 / 120,000

Inventory turnover= 5.5

The marginal propensity to consume (MPC) is:_______.A) 0.90.
B) 0.10.
C) 0.80.
D) 0.95.
E) 0.75.

Answers

Answer: E) 0.75

Explanation:

Marginal Propensity to Consume measures the amount that a person spends on consumption when their income increases.

It is calculated as;

= change in consumption/ change in income

Income went from $0 to $500 so change = $500

Consumption went from $300 to $675 so change is = $375

MPC = 375/500

= 0.75

You own Bond B and are concerned about interest rates increasing soon. You have chosen Bond H to hedge your B risk. The greater H's dv01:__________.a) the more of it you need to buyb) the more of it you need to sell shortc) the less of it you need to buyd) the less of it you need to sell short

Answers

Answer:

The greater H's dv01:__________

c) the less of it you need to buy.

Explanation:

The dollar (or money) duration or DV01 is the dollar value per 01 (100 basis points) of a bond.  It measures a bond’s interest rate risk in nominal or dollar-amount terms.  Dollar (money) duration assumes that bonds have fixed rates with fixed interval payments.   It is a linear approximation of how a bond's value will change in response to changes in interest rates.

Determine if the numerical value describes a parameter or a statistic.
A recent poll of 1887 corporate executives showed that the average price of their cars is $44,200.

Answers

Answer:

Sample Statistic

Explanation:

The given statement is "A recent poll of 1887 corporate executives showed that the average price of their cars is $44,200".

We need to determine if the numerical value describes a parameter or a statistic.

The average price of their cars is $44,200. It is a sample point of the data. It shows only an attribute of car. Hence, the numerical value describes a statistic.

Fontaine and Monroe are forming a partnership. Fontaine invests a building that has a market value of $250,000; the partnership assumes responsibility for a $75,000 note secured by a mortgage on the property. Monroe invests $100,000 in cash and equipment that has a market value of $55,000. For the partnership, the amounts recorded for total assets and for total capital account are:

Answers

Answer:

Total assets = $405,000

Total capital = $330,000

Explanation:

Capital = Assets - Liabilities

= $250,000 - 75,000

= $175,000

Therefore, the capital is $175,000

Particulars    Assets    Liabilities   Capital

Building       250,000     75,000     175,000

Cash             100,000           -           100,000

Equipment    55,000            -            55,000

Total              405,000    75,000     330,000

An investor views a high debt-to-equity ratio and low times-interest-earns ratio as favorable signs of a company's ability to meet its long-term obligations. True False

Answers

Answer:

False

Explanation:

Instead the reverse is the case. A high times-interest-earned ratio and a low debt-to-equity ratio is viewed by an investor as favorable signs of a company's ability to meet its long-term obligations.  When the two measures are combined and they look favorable, investors are attracted to invest in the said company.  So companies should work to ensure that the times-interest-earned ratio is high enough to be attractive to investors.

Briefly describe the differences among international bond, bank and equity markets. Would you support an MNC that favors financing through bonds issues or would you rather support one

Answers

Answer:

Answer to this question is explained below in detail.

Explanation:

This question is not complete. This has two parts a) and b). Part a) is complete and b) is incomplete. I have written down the complete question and will try to answer completely.

a) Briefly describe the differences among international bond, bank and equity markets.

b) Would you support an MNC that favors financing through bonds issues or would you rather support one that favors financing through stock issues?

Solution:

a) We are asked to differentiate between international bond, bank and equity markets.

All three terms are related to raising funds, lending or borrowing to raise the capital for some government or for any company.

Let's start with International Bonds first.

International Bonds : In this globalized world, a company can raise its capital through getting debt in the form of international bonds from international institutions over the assets value of the company. For example: XYZ company has a asset value of 10 million dollars, so it can get international bonds accordingly.  

International Equity markets: Again due to interlinked world, companies and institutions all over the world can invest their funds in any company around the globe. And through equity markets companies can sell their shares to raise its capital depending upon the asset value of the company.

International Banks: International banks are international institutions which raise capital in particular country and have branches all over the world. It can lend funds to companies on particular interest rates. Furthermore, all those bonds are generated in these banks as well.

b) Supporting an MNC that favors financing through bonds issues or through equity markets or stock issues will depend on the debt/equity ratio of the company. If it is low, company should go for debt or bond issues. If it is high then it should opt for stock issues.

A thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a

Answers

Answer:

post-audit

Explanation:

Post audit process can be regarded as

the analysis of result of capital budgeting investment. When this result of the audit are use in making budgeting decisions in future capital, and this side decision making process.

It should be noted that thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a post-audit.

Which company is most exposed to the ups and downs of the aircraft engine industry? a) General Electric b) MTU Aero Engines c) United Tech Corp d) Rolls-Royce

Answers

I think it’s b but I can’t garauntee I’m sorry

Client files should not be visible and/or accessible to other clients. They must be in lockable cabinets or lockable rooms.
a. True
b. False

Answers

Answer:

a. True

Explanation:

Client files should be kept securely in an environment that is safe while ensuring that its confidentiality is safeguarded against unauthorized people. Moreover, the files should not be accessible by other clients or personnel that are not authorized to do so.

The Principle of confidentiality in this scenario implies that client files are secured in a lockable cabinets or lockable room in order to avoid unauthorized use or disclosure which consists of either modifying the file or making copies.

A manager is asked to initiate activities that will support environmental scanning. Which activity should be used by this manager for this purpose?
A. Reviewing production
B. Monitoring competitors
C. Setting the advertising budget
D. Implementing a new program

Answers

Answer:

B)monitoring competitors

Explanation:

Competitors monitoring can be regarded as SWOT analysis of the organization competitors, it helps in the awareness of moves that can be taken by the firm compititors such as as the marketing strategies, stock as well as as pricing policy. It should be noted that for a manager to initiate activities that will support environmental scanning. Monitoring competitors activity should be used by this manager for this purpose.

Suppose you receive the following end-of-year cash bonuses at work: end of year 2: $4,000 end of year 4: $6,000 end of year 6: $10,000 end of year 8: $12,000 If you invest your bonuses and earn 12% on your investments, how much will you have at the end of year 12

Answers

Answer:

the amount that have at the end of year 12 is $65,899.63

Explanation:

The computation of the amount that have at the end of year 12 is shown below:

Future value = Present value × (1 + Interest rate)^number of periods

= $4000 × (1 + 12%)^10 + $6,000 × (1 + 12%)^8+ $10,000 × (1 + 12%)^6 + $12,000 × (1 + 12%)^4

= $65,899.63

hence, the amount that have at the end of year 12 is $65,899.63

We simply applied the above formula so that the correct value could come

And, the same is to be considered

What is the coupon rate for a bond with 3 years until maturity, a price of $1,053.46, and a yield to maturity of 6%

Answers

Answer:

8%

Explanation:

we can use the approximate yield to maturity formula to calculate the coupon rate:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.06 = {coupon + [(1,000 - 1,053.46) / 3]} / [(1,000 + 1,053.46) / 2]

0.06 x 1,026.73 = coupon - 17.82

61.6038 + 17.82 = coupon

79.42 = coupon

since this is just an approximation, I would guess that the coupon rate is 8%, instead of 7.94%

Using the following information, compute the cost of direct materials used. Raw materials inventory, January 1$ 25000 Raw materials inventory, December 3155000 Work in process, January 127000 Work in process, December 3118000 Finished goods, January 160000 Finished goods, December 3148000 Raw materials purchases2000000 Direct labor890000 Factory utilities225000 Indirect labor75000 Factory depreciation500000 Operating expenses630000

Answers

Answer:

The cost of direct materials used is $1,970,000.

Explanation:

The cost of direct materials used can be computed using the following equation:

Cost of direct materials used = Raw materials inventory, January 1 + Raw materials purchases - Raw materials inventory, December 31 ............ (1)

Where;

Raw materials inventory, January 1 = $25000

Raw materials inventory, December 31 = $55000

Raw materials purchases = $2000000

Substituting the values into equation (1), we have:

Cost of direct materials used = $25000 + $2000000 - $55000 = $1,970,000

Therefore, the cost of direct materials used is $1,970,000.

A partner invests into a partnership a building with an original cost of $180,000 and accumulated depreciation of $80,000. This building has a $140,000 fair value. As a result of the investment, the partner's capital account will be credited for Group of answer choices

Answers

Answer:

a. $140,000

Explanation:

Options are "a. $140,000 , b. $100,000, c. $180,000 , d. $240,000 "

Capital Account = Fair value of the asset (i.e. Partner's investment is valued on fair value)

Date    Account          Debit       Credit

           Building        $140,000

               Partner's capital         $140,000

If this game is played only once, then the most likely outcome is that a. both firms produce a good quality product. b. both firms produce a poor quality product. c. Acme produces a good quality product and Pinnacle produces a poor quality product. d. Acme produces a poor quality product and Pinnacle produces a good quality product.

Answers

Answer:

a. both firms produce a good quality product.

Explanation:

There are two companies Acme and Pinnacle that can either make good or poor products, which generate a table of four possible outcomes, that is, either they both make good products or not or either company makes good or poor products.

Assuming this was a game that was played once, the table drawn shows that the first outcome is that both companies make good products with a profit margin of $6 million.

Assume you are about to graduate. How would you apply marketing principles to your job search? In what ways would you be able to create, communicate, and deliver value as a potential employee, and what would that value be, exactly? How would you prove that you can deliver that value? Explain your answers.​

Answers

Answer:

Are try my best if I can able are do when are graduate are happy

For bonds issued 2019, the taxpayer must amortize bond premium using which of the following methods?

a. Straight-Line Method
b. Constant Yield Method
c. Activity Depreciation Method
d. Double Declining Balance

Answers

Answer:

For bonds issued 2019, the taxpayer must amortize bond premium using  the following method:

a. Straight-Line Method.

Explanation:

The premium paid by the taxpayer for a bond represents part of the cost basis of the bond.  The bond premium can be tax-deductible at a rate spread out (amortized) over the bond's lifespan.  The straight-line method for bond premium amortization is considered to be a simpler method than the effective interest amortization method.  While the straight-line amortization divides the bond's total premium over the remaining payment periods, the effective interest, which is more complicated, computes some unique values at all points during the amortization process.

Which of the following accurately characterizes the function of the U.S. Circuit Courts?A. The Circuit Courts are responsible for hearing appeals sent to them by the District Court system.B. The Circuit Courts are responsible for trying both criminal and civil cases.C. The Circuit Courts are responsible for reviewing cases decided by the Supreme Court.D. The Circuit Courts are responsible for overseeing all of the federal court system.

Answers

Answer:

A.

Explanation:

There are thirteen Circuit Courts in the U.S.Judicial system. The name 'circuit courts' is labelled due to the circuit process of judges across the geographical area.

The function of the U.S. Circuit Courts include that it hears the cases sent from the district court or the lower courts. They tend to hear cases that questions whether constitutional laws are applied correctly or not, or whether the laws applied by the district court is constitutional or not. The Circuit court are restricted hears certain civil and criminal cases only. They can take appeals that involves only certain limited amount of compensation, or felony cases.

Therefore, option A is correct.

Louise purchased her primary residence for $240,000. As part of the closing procedure, she paid $2,300 in a loan origination fee, $750 to a lawyer to review the purchase contract and other closing papers, $150 for a property survey, and $800 for title insurance. She also gave the real estate agent a $75 gift basket in appreciation for his hard work. What is Louise's basis in the residence

Answers

Answer:

$241,700

Explanation:

Luoise's basis in her house = purchase price + any costs associated and necessary to complete the purchase process = $240,000 (price of the house) + $750 (lawyer's fees) + $150 (property survey) + $800 (title insurance) = $241,700

In order to determine a house's basis, you must assume that you are purchasing the house using cash, no fees directly related to a mortgage are included, nor gifts to real estate agents.

Tanner takes out a loan today and repays the loan with eight level annual payments, with the first payment one year from today. The payments are calculated based on an annual effective interest rate of 4.75%. The principal portion of the fifth payment is 699.68.
Calculate the total amount of interest paid on this loan.
a) 1239
b) 1647
c) 1820
d) 2924

Answers

Answer:

Total interest = 1239.12

Explanation:

Assume;

Loan amount = P

Annual payment = X

P[1st payment] = X/[1+0475]⁸

P[1st payment] = X/[1.0475]⁸  

P[5th payment] = X/[1+0.0475]⁴

P[5th payment] = X/[1.0475]⁴

P[5th payment] = 699.68

So,

X = 699.68[1.0475]⁴

X = 842.39

P = (842.39/0.0475)(1 – 1/1.0475⁸)

P = 5,500  (Approx)

Total interest = [842.39 x 8] - 5,500

Total interest = 1239.12

In general, which forecasting time frame best identifies seasonal effects ?

a. Short-term forecasts
b. Quick-time forecasts
c. Long range forecasts
d. Medium term forecasts
e. Rapid change forecasts

Answers

The correct answer is D

Milhouse is a franchisee of Krusty Burger, LLC Their contract gives Krusty Burger the right to control virtually all aspects of Milhouse’s op­eration, including the hiring of employees. One of the employees, Nelson commits a tort against Ralph, one of Milhouse’s customers. Ralph files a suit against Krusty Burger. Krusty Burger is most likely

Answers

Answer:

risks liability under the doctrine of respondeat superior.

Explanation:

A franchise is a seperate business that uses the parent business brand.

The parent company can give in addition to the brand support in training, provision of some inventory, hiring, and so on.

According to the contract signed between them Krusty burger controls all aspects of the Milhouse operations, so they are a respondeat superior.

This means they are responsible for the actions of Milhouse because of their level of involvement in the franchise operations.

In the given scenario Nelson commits a tort against Ralph, one of Milhouse’s customers. Ralph files a suit against Krusty Burger.

Krusty burger will be liable because they are a respondeat superior

The variable overhead spending variance, the fixed overhead spending variance, and the variable overhead efficiency variance can be combined to find the:__________

Answers

Answer:

Controllable variance

Explanation:

The controllable variance is the combination of the variable overhead, fixed overhead spending variance and together with this, the variable overhead efficiency variance is also involved

Hence, as per the given situation, the controllable variance is to be considered

Therefore the above represents the answer

Marta is CEO of a large financial company. She is always open to the opinions of her employees and tries to make a decision based on the reasonably available options. This BEST displays the _____ dimension of trustworthy leadership. a. Openness b. competence c. loyalty d. integrity

Answers

Answer: A; Openness

Hope that helps! <3

During a sprint retrospective, a potentially shippable product is reviewed and tested.

a. True
b. False

Answers

Answer:

A. True

Explanation:

the Sprint Retrospective provide the opportunity so that Scrum Team can have the room for inspection of itself and also have enough time to draw a plan that will bring improvement as far as next spring is concerned. After Sprint Review then Retrospective follow.It should be noted that During a sprint retrospective, a potentially shippable product is reviewed and tested.

Suppose that a certain country has an MPC of 0.8 and a real GDP of $400 billion. If its investment spending decreases by $5 billion, what will be its new level of real GDP

Answers

Answer: $375 billion.

Explanation:

Using the MPC, one can calculate a multiplier that shows how much GDP changes when there is a change in investment.

Multiplier = 1 / ( 1 - MPC)

= 1 / (1 - 0.8)

= 1 / (0.2)

= 5

Change in GDP = change in investment spending * multiplier

= -5 billion * 5

= -$25 billion

New level of GDP = 400 - 25

= $375 billion.

Which rule of disclosure operates when the seller is responsible for giving the buyer any information needed to make a reasonable judgment about whether to purchase the product which the buyer could not reasonably be expected to know unless informed by the seller

Answers

Answer:

Fairness rule

Explanation:

In the fairness rule, the seller is responsible for the information given by him to a buyer in order to make a reasonable judgement whether to buy a product or not until informed by the seller. It is the responsibility of the seller to give all the necessary information to the buyer so that he is able to take the decision regarding the purchase

Fill in the blanks to complete the following sentence about labor force and unemployment, assuming country X has the following statistics:total population 16 years old or older = 50,000,000 full-time students = 4,200,000 not employed and not currently searching for jobs = 6,000,000 not employed but currently searching for jobs=2,336,000 currently employed = 29,664,000 Drag words below to fill in the blank(s) in the passage. Country X has a labor force of______, a labor force participation rate of_____, and an unemployment rate of_____.

Answers

Answer:

Country X has a labor force of 32,000,000, a labor force participation rate of 64%, and an unemployment rate of 7.3%.

Labor force:

= Unemployed people + Employed

Unemployed people here are those looking for jobs.

= 2,336,000 + 29,64,000

= 32,000,000 people

Labor force participation rate:

= Labor Force / Population of working age

= 32,000,000/50,000,000

= 64%

Unemployment rate:

= Unemployed / Labor force

= 2,336,000/ 32,000,000

= 7.3%

Country X has a labor force of 32 million, a labor force participation rate of 64 %, and an unemployment rate of 7.3%.

Labor Force:

They are those people in the country that can work.

Labor force = Unemployed people + Employed

Unemployed people are those looking for jobs.

Labour force = 2,336,000 + 29,64,000

Labor force = 32,000,000 people

Labor Force Participation Rate:

The percentage of labor force in working age  in the country.

[tex]\bold {Labor\ force\ participation\ rate =\dfrac {Labor\ Force} {Population\ of\ working\ age}}\\\bold {=\dfrac { 32,000,000}{50,000,000}\times 100 = 64}[/tex]

= 64%

Unemployment rate:

It is the percentage of employed people to the population of the country.

[tex]\bold {Unemployment\ rate= \dfrac {Unemployed} { Labor\ force}}\\\\\bold = {\dfrac {2,336,000}{ 32,000,000}\times 100}\\\\= 7.3%[/tex]

= 7.3%

Therefore, The unemployment rate in the country is 7.3%.

To know more about unemployment rate,

https://brainly.com/question/17255561

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