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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Assume that when you were in highschool you saved $1000 to invest for your college education. You purchased 200 shares of Smiley Inc., a small but profitable company. Over the three years that you have owned the stock, the corporation's board of directors have taken the following actions: 1. declared a 2-for-1 stock split 2. declared a 20 percent stock dividend 3. declared a 3-for-1 stock split The current price of the stock is $12 a. calculate the current number of shares and the market vlue of your investment
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