In a "firm commitment," the investment banker A) buys the stock from the company and resells the issue to the public. B) agrees to help the firm sell the stock at a favorable price. C) finds the best marketing arrangement for the investment-banking firm. D) agrees to help the firm sell the stock at a favorable price and finds the best marketing arrangement for the investment-banking firm.

Select the word from the list that best fits the definition sometimes

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine