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Your firm is planning a 3 -for-1 stock split. The market price for the stock has been $84. The common shares outstanding are 4,000,000. Immediately
Your firm is planning a 3 -for-1 stock split. The market price for the stock has been $84. The common shares outstanding are 4,000,000. Immediately after the stock split, the stock price will be approximately $42. $84. $48. $28. A company collects 50% of its sates during the month of the sale, 30% one month after the sale, and 20% two months after the sate. The company expects sales of $20,000 in August, $30,000 in September, $40,000 in October, and $40,000 in November. How much money is expected to be collected in October? $30,000 $33,000 $25,000 $48,000
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