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Alex73 [517]
2 years ago
10

Murphy's, Inc., has 32,050 shares of stock outstanding with a par value of $1 per share. The market value is $12 per share. The

balance sheet shows $88,050 in the capital in excess of par account, $32,050 in the common stock account, and $149,950 in the retained earnings account. The firm just announced a stock dividend of 12 percent. What will the market price per share be after the dividend
Business
1 answer:
serg [7]2 years ago
8 0

Answer:

$10.71

Explanation:

Data provided as the question below:-

Stock outstanding per share = 32,050

Market value per share = $12

The computation of market per share be after the dividend is shown below:-

Where for computing the $1.12

= $1 + 0.12 = $1.12

= (32,050 × $12) ÷ (32,050 × $1.12)

= $384,600 ÷ $35,896

= $10.71

Therefore, the market price per share is $10.71

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liubo4ka [24]

Answer:

d

Explanation:

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2 years ago
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Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on
sveta [45]

Answer:

C) Create a customer-driven environment where we constantly try to create customer value.

Explanation:

A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.

In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.

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2 years ago
The Food and Drug Administration is targeting salt in processed foods as a health hazard, and some experts believe the agency wi
____ [38]

Answer:

<u>d) objective research</u>

<u>Explanation:</u>

We need to note that mention was made that the research was "<em>Carefully controlled." </em>Been carefully controlled shows that the research has an objective.

Furthermore, measuring the reactions of consumers at different salt levels makes the research factual and thus a decision could be made from the findings.

8 0
2 years ago
Suppose the supply curve for wool mittens is represented​ as: Q​ = 50​ + 1/2X​ - 5Y​ - 24Z. Which one of the following statement
natali 33 [55]

Answer:

C) The variable Y could be the price of the wool used to make mittens.

D) The variable X could be consumers income.

Explanation:

quantity supplied = 50 + 1/2X - 5Y  -24Z

In this equation if X increases, then the quantity supplied increases. Therefore X can either be the product's price or consumer income.

In this equation if Y or Z increase, then the quantity supplied decreases. Therefore Y or Z are production costs, either labor or materials.

4 0
2 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
2 years ago
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