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Author Question: AFB, Inc stock is currently selling for 20 per share. The company completed a 5-for-1 stock split ... (Read 200 times)

jasdeep_brar

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AFB, Inc stock is currently selling for 20 per share. The company completed a 5-for-1 stock split
  two days earlier. Two years ago, the company had a 2-for-1 stock split.
 
  If the stock splits had not
  happened, the price of AFB, Inc stock would, other things being equal, be
  A) 140.00 per share. B) 100.00 per share.
  C) 200.00 per share. D) 2.00 per share.

Question 2

You are working on your company's cash budget for the coming year and you believe there may be
  short periods of time where financing is required. Which of the following sources of short-term
  financing is most certain to be available when needed?
 
  A) line of credit with a bank B) accounts receivable
  C) revolving credit agreement with a bank D) trade credit


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mcinincha279

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jasdeep_brar

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


apple

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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