Rentarama is considering a 4:1 stock split. The stock current trades as $150 a share. Using the pre-split number of shares outstanding, the CFO has estimated the total dividend for the next year will be $6.40 per share. Assuming the stock split is implemented immediately, shareholders should expect the quarterly dividend to be closest to:. A) $0.40
B) $1.60
C) $6.40

A) $0.40

Explanation:

Stock split implies that a single share is divided into multiples which means that 4:1 stock split means that after the stock a single share prior to the stock split is divided into 4.

Total dividend per share expected next year=$6.40

Now that a single share now commands 4

Revised dividend per share expected next year=$6.40*1/4=$1.60(annual dividend)

quarterly revised per share dividend expected in the coming year=$1.60/4=$0.40

answer2/345y

explanation:

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

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you must always yield to pedestrians.

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it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation: