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>
Step-by-step explanation:
Sa Photomath nyo po sagutan yan para mabilis
X is -4 Isolate the variable by dividing each side by factors that don't contain the variable.
Answer:
The situation that represents this situation is:
Step-by-step explanation:
The amount of time t needed to assemble the set is inversely proportional to the number people n working.
This means that:
In which k is the constant of proportionality.
Twelve people can assemble the set in 5 hours.
This means that for . We use this to find k.
Write an equation to represent the situation.
When you multiply both sides by a negative value you make the side that is greater have a "bigger" negative number, which actually means it is now less than the other side! This is why you must flip the sign whenever you multiply by a negative number.