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cupoosta [38]
2 years ago
14

On September 21, 2017, Umbrella Company announced a 3 for 1 stock split. After the split, the company will have about 24.6 milli

on shares outstanding. Shares traded for about $375 a share the day the split was announced.
a. What is a 3 for 1 stock split?
b. Why do companies like Umbrella Company split their stock?
c. How many shares were outstanding when the stock split was announced?
Business
1 answer:
Lady bird [3.3K]2 years ago
5 0

Answer:

vbnmm

Explanation:

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SRI International developed Values and Lifestyles (VALS). Such a consumer profile would be helpful for which type of segmentatio
pshichka [43]

Answer: C. psychographic segmentation

Explanation:

From the question, we are informed that SRI International developed Values and Lifestyles (VALS). It should be noted that this will l be helpful for psychographic segmentation.

Psychographic segmentation helps to look into the behavior of consumers as it helps us analyze the needs and motives of the users thereby bringing about better communication.

4 0
2 years ago
Canada and the U.S. both produce wheat and computer software. Canada is said to have the comparative advantage in producing whea
timurjin [86]

Answer:

The correct answer is <em>d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.</em>

Explanation:

A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.

The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.

The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.

6 0
2 years ago
when investors doubt the creditworthiness of a borrower, what should happen to the price and yield of a bond
denpristay [2]

Answer:

Prices go down, yield go up

Explanation:

As we know that there is an opposite relationship between the price of the bond and the yield that means if the creditworthiness comes in a doubt so it reduced the price of the bond and at the same time it increased the yield

So as per the given situation as the investor doubt the borrower creditworthiness so the price would fall and yield would go up

hence, the same is to be considered

7 0
2 years ago
Which of the following is the best example of a high-contact service?
nexus9112 [7]

Answer:

The correct answer is letter "D": Plastic surgery.

Explanation:

Services are activities offered to satisfy third parties' needs in exchange for compensation. High-contact services are those that meet uncertain demands and require a certain set of skills. Typically, high-contact services are expensive. <em>Hospital and nursing assistance</em>, <em>legal </em>or <em>financial advice</em> fall into this category.

5 0
2 years ago
your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one m
MatroZZZ [7]

Answer: 12.68%

Explanation:

The Effective Annual Interest rate is the nominal interest rate adjusted for the number of compounding periods a financial product will experience in a period of time which is usually a year.

The formula is,

Effective annual interest rate = (1 + (nominal rate / number of compounding periods)) ^ (number of compounding periods) - 1

Plugging in the figures would give,

EAR = (1 + 0.01) ^ 12 - 1

EAR = 1.01^12 - 1

EAR = 12.68%

You might notice that in the bracket I did not divide the 1% by 12. This is because the 1% was already given as the month's interest rate.

6 0
2 years ago
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