What is the impact of the candy crush saga maker’s ipo on its balance sheet?
king digit...
What is the impact of the candy crush saga maker’s ipo on its balance sheet?
king digital entertainment (nyse: king), the maker of the candy crush saga app, had its initial public offering (ipo) the week of march 24th, 2019. king’s stock was priced at $22.50 per share for the ipo; its par value is $0.000197 per share. the ipo raised about $500 million for king. assume that approximately 2,300,000 shares were issued in the ipo.
questions
assume the ipo took place on march 26, 2019. what journal entry would king make on this day to reflect the stock issuance?
what is the impact on assets of this ipo? on liabilities? on stockholders’ equity?
Answers: 1
Business, 22.06.2019 15:40, brashley
Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?
Answers: 2
Business, 23.06.2019 00:00, Brandon4188
Which example would the government consider as intellectual property? a. product design that contains a hologram of the logo of the company b. a copy of a famous artist’s painting in a new medium c. a plant species discovered in the united states for the first time d. a method of production that is common to an entire industry e. a discount structure offered to the customer at a store
Answers: 3
Business, 23.06.2019 10:00, squawk1738
Each month hope received her bank statement listing the checks that have cleared her checking account in the month. what are these checks called? a. reconciled b. covered c. outstanding d. cancelled
Answers: 1
Mathematics, 11.07.2019 17:30
Spanish, 11.07.2019 17:30
Mathematics, 11.07.2019 17:30