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Vadim26 [7]
2 years ago
10

In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc

k will an investor have if she or he owned 400 shares before the split?
Business
1 answer:
Anna11 [10]2 years ago
4 0

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).  

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to what degree do you think the creativity of the firm is a function of the creativity of individuals, versus the structure, rou
Morgarella [4.7K]
Any job that requires you to sell stuff. let's say, as a candy boy, you get trained for a few minutes. then tossed into the sea of people to sell chocolate. your supervisor does not expect you to adapt a robotic tone but instead encourages developing your own charismatic style to help you sell more. if you were to continue with this job you would eventually come up with your own way to captivate an audience and sell as many chocolates as you want.
5 0
2 years ago
Harrison Industries began July with a finished-goods inventory of $48,000. The finished-goods inventory at the end of July was $
Anestetic [448]

Answer:

Option (D) is correct.

Explanation:

Given that,

Began July with a finished-goods inventory = $48,000

Finished-goods inventory at the end of July = $56,000

Cost of goods sold during the month = $125,000

Cost of goods manufactured during July:

= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory

= $56,000 + $125,000 - $48,000

= $133,000

8 0
2 years ago
An advertisement in the local paper offers a "fully loaded" car that is only six months old and has only been driven 5,000 miles
Ilia_Sergeevich [38]

The discount represents most possibly a "Fantastic deal" .

<u>Explanation: </u>

In the given advertisement the car is sold at a price that is 20 percent lower than the average selling price of a brand new car with the same options such as it is "fully loaded", 6 months old and had been driven 5,000 miles.

This is said to be a conditional phrase initiated by the seller, and it is acceptable as the offer seems to be an excellent deal or a fantastic deal for any person who is willing to buy a second-hand car in a good condition i.e, selling a car as in ('as is' refers to selling the car with all the known and unknown issues)

4 0
2 years ago
In 1970 Professor Fellswoop earned $12,000; in 1980 he earned $24,000; and in 1990 he earned $36,000. If the CPI was 40 in 1970,
Arte-miy333 [17]

Answer:

In 1980

Explanation:

Year        Salary        Percentage Salary Increase        CPI Increase

1970       $12,000     -                                                      -

1980       $24,000    100                                                 50

1990       $36,000    50                                                   83.3

As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.

On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.

Therefore, the professor's salary was highest in 1980.

4 0
2 years ago
If a bond sells at a high premium, then which of the following relationships hold true? (P0 represents the price of a bond and Y
Aliun [14]

Answer:

(C) P0> par and YTM< the coupon rate

Explanation:

In case of a bond wherein coupon rate of interest payments is higher than it's discounting rate or the yield to maturity (ytm), such bonds are priced at a premium.

In such cases, present value of the bond which is here denoted by P0 is higher than it's face value.

Value of a bond is the sum total of it's present value of it's future stream of coupon payments as well as it's redemption value, both discounted at the rate of it's yield to maturity(ytm).

8 0
2 years ago
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