Business, 29.11.2019 05:31 ThatStudent8769
Corporation needs to raise $70 million to finance its expansion into new markets. the company will sell new shares of equity via a general cash offering to raise the needed funds. the offer price is $30 per share and the company’s underwriters charge a spread of 8 percent. if the sec filing fee and associated administrative expenses of the offering are $575,000, how many shares need to be sold?
(do not round intermediate calculations and enter your answer in shares, not millions of shares, rounded to the nearest whole number, e. g., 1,234,567.)
Answers: 2
Business, 22.06.2019 10:20, christianconklin22
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
Business, 22.06.2019 19:40, izzyisawesome5232
The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.
Answers: 3
Business, 23.06.2019 02:00, Arealbot
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
Corporation needs to raise $70 million to finance its expansion into new markets. the company will s...
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