Answer:
1. After the split, how many shares of common stock are outstanding and what is their par value per share?
40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split
par value of each stock = $2 / 2 = $1
Aren't both questions the same?
2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.
Explanation:
When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.
Answer:
$75
Explanation:
Let, the payment made towards US Speedy credit card be 'U'
Therefore,
According to the question:
Payment made towards Express credit card, E = 3U
Total for the two cards = U + E
= U + 3U
= 4U
also,
Payment made towards passport credit card = 15% of 4U
= 0.15 × 4U
= 0.6U
Given: Total payment made = $575
Therefore,
E + U + 0.6 U = $575
or
3U + U + 0.6U = $575
or
4.6U = $575
or
U = $125
Hence,
Payment made towards passport credit card = 0.6U
= 0.6 × $125
= $75
The formula to find the area of a rectangle is
Area=length*width
( area equals length times width)
So you substitute the values in the problem into the equation above.
5 5/8=1 1/2* w
Then you can solve the equation by dividing the 5 5/8 by the 1 1/2, cancelling out 1 1/2 and leaving the w by itself on one half of the equal sign
You are left with
3 3/4 = w
The width of the patio in yards is 3 3/4.
(Just ask if you have more questions or I didn't explain something clearly)
If the price of this bond falls by $200, the interest rate will
d. rise by 2.5 percentage points.
Explanation:
- Bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10%. If the price of this bond falls by $200, the interest rate will rise by 2.5 percentage points.
- Bond valuation is the determination of the fair price of a bond.
- the theoretical fair value of a bond is the present value of the flow of cash that streams in it is expected time to generate.
- In order to calculate the bond price, one has to simply discount the known predict flow of cash.
- When investors get anxious, they buy government bonds. Governments usually pay back their debts, so those bonds are at safety.
- You can also lose money on a bond if you sell it before the maturity date for less than you paid or if the issuer pays on their payments.