Shares of Brockshire Holding Company Inc. trade for $90,000 per share. There are 1.75 million shares outstanding. If Brockshire wanted to execute a stock split so as to reduce the stock price to $80, what split ratio would they use?
A) 100-for-1
B) 125-for-1
C) 550-for-1
D) 1,125-for-1
E) 1,550-for-1
D
You might also like to view...
Which of the following is NOT a dimension of group structure?
a. norms b. size c. composition d. leadership
Transformational and charismatic leadership are quite similar concepts, however, they differ in a subtle way. Which of the following is correct?
a. Typically the charismatic leader, unlike the transformational leader, is better able to inspire and lead the change process from beginning to end b. Typically the charismatic leader is evil c. Typically the transformational leader fails to inspire change because they lack charisma d. Typically the transformational leader, unlike the charismatic leader, is better able to inspire and lead the change process from beginning to end
Sean breaches an agreement in his employment contract with Inmett Corporation by also working for Inmett's major competitor. Sean's promise to Inmett of his exclusive personal services may be enforced by injunction
a. True b. False Indicate whether the statement is true or false
Washington Laundry Products, Inc, makes commercial and industrial laundry machines (the kinds hotels use), and has these aggregate demand requirements for the next six months
The firm has regular capacity for 200 units, and overtime capacity for 40 more. Currently, subcontracting can supply up to 100 units per month, but the subcontracting firm may soon be unavailable. Month Demand Costs and other data 1 220 Previous output level 150 units 2 160 Beginning inventory 100 units 3 200 Stockout cost $250 per unit 4 210 Inventory holding cost $100 per unit at end of month 5 200 Unit Cost, regular time $1,200 per unit 6 190 Subcontracting $2,000 per unit Unit Cost, overtime $1,500 per unit Hiring workers $200 per unit Laying off workers $500 per unit Which is cheaper: to produce level, incurring back orders and inventory charges; or to produce a base quantity of 120, using first, overtime, then subcontracting, to meet demand?