1 answer

NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share....

Question:

NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share. The company has just announced a 3-f

NeptBune, Inc. has 175,000 shares of stock outstanding at a market price of $59 a share. The company has just announced a 3-for-2 stock split How many shares of stock will be outstanding after the split? Select one a 350,000 shares b. 87,500 shares C 262,500 shares d 116,667 shares

Answers

Answer:
Shares of stock will be outstanding after the split
                  =   Shares of stock outstanding x Stock Split
                  =   175,000 x 3 / 2
                  =   262,500 shares
Shares of stock will be outstanding after the split   =   262,500 shares
Option (c ) is Correct
.

Similar Solved Questions

1 answer
An economy in which output has decreased and prices have decreased would suggest a: Multiple Choice...
An economy in which output has decreased and prices have decreased would suggest a: Multiple Choice decrease in aggregate demand. increase in aggregate demand. increase in short-run aggregate supply. decrease in short-run aggregate supply....
1 answer
Hello I need help this is for eco2023 What do economists mean by “diminishing returns” to...
Hello I need help this is for eco2023 What do economists mean by “diminishing returns” to an input? What causes diminishing returns? Have you ever observed this principle at work in a job you’ve had or in a real world situation? Discuss the long and short run impact of this concept...
1 answer
Ming spent half of her weekly allowance on candy. To earn more money her parents let her weed the garden for $5. What is her weekly allowance if she ended with $12?
Ming spent half of her weekly allowance on candy. To earn more money her parents let her weed the garden for $5. What is her weekly allowance if she ended with $12?...
1 answer
How do you factor #4x^2-5x+7#?
How do you factor #4x^2-5x+7#?...
1 answer
This is about using multiple Linear Regression with indicator variable with 10 stores. Key question is...
This is about using multiple Linear Regression with indicator variable with 10 stores. Key question is deciding on management choice. Need to decide who to promote and how much to pay them. Need description and the answer with details at to why and who the manager is that was chosen. There are four ...
1 answer
How do you graph the equation #y=-2x#?
How do you graph the equation #y=-2x#?...
1 answer
1. What are the strategies for dealing with competitive forces? List anddiscuss each briefly. 2. In...
1. What are the strategies for dealing with competitive forces? List anddiscuss each briefly. 2. In Chapter 3, discuss figure 3.3, the Value Web. It’s important, both as a set of technologies and as a strategic tool. . . . and it also can apply directly to Seminole. 3. How, briefly, did Carter...
1 answer
How many carbons are in this molecule? What is the molecular formula? 0 30 AM 1/24/2019
How many carbons are in this molecule? What is the molecular formula? 0 30 AM 1/24/2019...
1 answer
Each of the following systems, determine if the system could satisfy the additivity property, the scaling...
each of the following systems, determine if the system could satisfy the additivity property, the scaling property and/or the time-invariance property: e) f) g) y'(t)+ 2y(t) = 2x(t) y(t)= x(t)u(t) y(t) = tu(t)...
1 answer
Where is the protein PDGFR-alpha located if it is a hydrophilic protein? a. secreted? b.cytoplasm? c....
Where is the protein PDGFR-alpha located if it is a hydrophilic protein? a. secreted? b.cytoplasm? c. nucleus?...
1 answer
Management's choice of depreciation methods will usually create a difference between financial reporting income (net income...
Management's choice of depreciation methods will usually create a difference between financial reporting income (net income in the financial statements) and taxable income (for IRS purposes) True or False? (and why?)...
1 answer
Pina Colada Corp.’s balance sheet at December 31, 2018, is presented below. Pina Colada Corp. Balance...
Pina Colada Corp.’s balance sheet at December 31, 2018, is presented below. Pina Colada Corp. Balance Sheet December 31, 2018 Cash $14,300 Accounts payable $8,900 Accounts receivable 20,600 Common stock 19,500 Allowance for doubtful accounts (700 ) Retained earnings 14,90...
1 answer
Suppose f(x) is continuous and increasing on [a, b], and concave up on (a, b). Is...
Suppose f(x) is continuous and increasing on [a, b], and concave up on (a, b). Is M6 (the Midpoint Rule approximation to f(x) dx with n = 6) an over-estimate or an under- estimate? Over-Estimate. Under-Estimate. There is not enough information to decide....
1 answer
15) Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget sh...
15) Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,300 units are planned to be sold in March. The variable selling and administrative expense is $4.20 per unit. The budgeted fixed selling and administrative expense 18 $19,240 per m...
1 answer
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball glove...
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $510,400, and the sales mix is 60% bats and 40% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selli...
2 answers
Show me how to subtract 11/16-3/4=
show me how to subtract 11/16-3/4=...