A Corporation, Which Had 18,000 Shares of Common Stock Outstanding

question 169

Essay

A corporation, which had 18,000 shares of common stock outstanding, declared a 3-for-1 stock split.
(a)What will be the number of shares outstanding after the split?
(b)If the common stock had a market price of $240 per share before the stock split, what would be an approximate market price per share after the split?
(c)Journalize the entry to record the stock split.

Identify various theories and constructs of intelligence, including Sternberg's triarchic theory.

Comprehend the psychometric approach to intelligence.

Assess evidence and arguments for and against the existence of a general intelligence factor.

Relate intelligence theories to practical examples and empirical research outcomes.

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Definitions:

Observable Inputs

Inputs that are developed using market data, such as publicly available information about actual events or transactions, and reflect the assumptions that market participants would use when pricing the asset or liability.

Level 2 Input

In fair value measurement, inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly, such as using market-correlated data.

Level 2 Input

Inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, directly or indirectly, such as quoted prices for similar assets or liabilities.

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the outstanding loan.