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2 years ago

A company experiences a stock split due to poor performance. Ariana's initial investment

Business

2 answers:

olchik [2.2K]2 years ago

7 0

Answer: 25

Explanation:

Given, A company experiences a stock split due to poor performance. Ariana's initial investment was a purchase of 50 stocks at $12.99 per share.

Value of her shares = 50 x $12.99

= $649.50

The reverse split is 1:2 means the number of shares split into half but the total value of her shares remains the same.

i.e. Ariana owns 50/2=25 stocks after the stock split.

Hence, Ariana owns 25 stocks after the stock split.

Tcecarenko [31]2 years ago

4 0

The answer is below for the people with no time to read

25

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Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 a

Shtirlitz [24]

Answer:

The sales projections for the first 6 months are:

Product: XQ-103

Q1 + Q2 Sales (units) = 49,220

Q1 + Q2 Sales ($) = $689,080

Product: XQ-104

Q1 + Q2 Sales (units) = 30,260

Q1 + Q2 Sales ($) = $817,020

Explanation:

A sales budget is implemented to support the planning process of a Business. It give an indication of the commercial engagements the business intends pursuing over a course or period and helps the Business managers evaluate if this is in line with the corporate objective.

A lot of factors are considered before developing a sales Budget. Some are external while others are internal. These are a few:

*First to be considered is the historical sales performance of the business.

*Then the improvement the business wants to make in how it sells and how it markets its products in the new year.

*The size of the market. Are we seeing more users or uses for our product

*competitive landscape. How well do we fare versus competition. Is it easy for new players to come into the industry etc

Edington Electronics Inc.

Sales Budget

for 2 Quarters ending June 30 2020

Product: XQ-103

Q1 projections.

Sales (units) = 22,840

Selling price Per Unit = $14

Sales in Quarter 1 = $319,760

Q2 projections.

Sales (units) = 26,380

Selling price Per Unit = $14

Sales in Quarter 2 = $369,320

First half Year projections.

Q1 + Q2 Sales (units) = 49,220

Q1 + Q2 Sales ($) = $689,080

Product: XQ-104

Q1 projections.

Sales (units) = 13,540

Selling price Per Unit = $27

Sales in Quarter 1 = $365,580

Q2 projections.

Sales (units) = 16,720

Selling price Per Unit = $27

Sales in Quarter 2 = $451,440

First half Year projections.

Q1 + Q2 Sales (units) = 30,260

Q1 + Q2 Sales ($) = $817,020

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2 years ago

24. An American soldier stationed in North Carolina receives a paycheck from the federal government for $300, which she uses to

FrozenT [24]

Answer:

$200

Explanation:

GDP refers to the total value of all goods and services produced in a country in a period. Economists consider all products regardless of who manufactured them. Only finished consumer goods and services are counted to avoid double counting.

In the scenario, only the fruits and vegetables will add to the US GDP. They are finished consumer goods produced within the borders of the US. If they were capital goods, they would not be included in GDP calculations. The $100 spent on MP3 will not count because the item was not produced in the US. It is an import. Its value will be adjusted against exports when calculating GDP.

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2 years ago

TB MC Qu. 7-137 Farris Corporation, which has ... Farris Corporation, which has only one product, has provided the following dat

brilliants [131]

Answer:

Net operating income= $11,250

Explanation:

Giving the following information:

Selling price $144

Units sold 8,950

Variable costs per unit:

Direct materials $26

Direct labor $68

Variable manufacturing overhead $14

Variable selling and administrative expense $18

Total variable cost= $126

Fixed costs:

Fixed manufacturing overhead $140,250

Fixed selling and administrative expense $9,600

<u>Variable costing income statement:</u>

Sales= 8,950*144= 1,288,800

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Fixed selling and administrative expense= (9,600)

Net operating income= 11,250

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nlexa [21]

Answer and Explanation:

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1. Insurance expenses Dr, $2,200

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To Supplies $11,300

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"Bishop, Inc., is obligated to pay its creditors $6,500 during the year. (Leave no cells blank - be certain to enter "0" whereve

RSB [31]

Answer:

Explanation:

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2 years ago