Answer:
Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Explanation:
To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:
Gross proceeds = $49 * B, or $49B
Underwriter charges = 6% * $49B = $2.94B
To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:
$49B – $2.94B = $400,000,000
$46.06B = 400,000,000
B = 400,000,000 / 46.06
B = 8,684,324.79 shares, or 8.68 million shares.
Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Answer:
Miami, Florida
Explanation:
If you are looking to learn how to make urban sidewalk gardens a success in your city I believe that one of the best cities to learn and accomplish how to do this would be Miami, Florida. Florida is known as "The Sunshine State" for it's climate which allows for beautiful plants to survive all year round. The city of Miami has taken this advantage and used it to make beautiful urban sidewalk gardens a success. Therefore you might get a lot of information on how to accomplish this by travelling to Miami, Florida.
If you have any more questions feel free to ask away at Brainly
C. Local customer group's concerns
The other two options are legal considerations of operating in a foreign country. Tariffs are taxes which require payment to comply with law.
Answer:
See below
Explanation:
10000-1000=9000 to be depreciated
9000/5=1800 annual depreciation
journal entry:
depreciation expense. 1800 (debit)
Accumulated depreciation. 1800 (credit)
to record annual depreciation
Answer:
Option (D) is correct.
Explanation:
Diwali Airlines has a contract,
Given that,
There is an opportunity to purchase jet fuel upto = 10,000,000 gallons
Price = $2 per gallon
Current market price of jet fuel = $2.26 per gallon
The value of this opportunity:
= Jet fuel needed × (Current market price - $2)
= 6,000,000 gallons × $0.26
= $1,560,000
