Answer:
<u>Hence $21,700,000 shares are to be sold to raise the needed funds.</u>
Explanation:
Per-share offer price of company = $60, which includes company's underwriter spread of 5%
So, actual realization to company on $60 per share = (1 - 0.95) * 60
Actual realization to company on $60 per share = $ 3
To raise $64 million company also needs to cover administrative expenses of $1.2 million
So,
Total number of shares sold(in million) = (64 + 1.2)/3
Total number of shares sold = 21,700,000 shares
Answer: 0.081 hrs of labour
Explanation:
Given
cycle time= 55 min
quantity allowed per cycle= 15 tons
productivity factor= 1.1
operator size= 1
systrem efficiency= 50mins
Number of labour hours is defined as the Productivty rate which describes The overall output produced in an hour of work. Since the productivity rate gives us the labour hours, we will use it to calculate
Productivity Rate == Average cycle time x Productivity factor x operator size / efficiency of the system x quantity allowed per cycle
substituting the values into the equation gives
PRODUCTIVITY RATE== 55 X 1.1X 1/ 50X 15
changing mins to hours
60 mins = 1 hr
55mins= 55/60=0.916667hrs
50 mins=0.83333hrs
=0.916667hrs x 1.1 x 1/ 0.833333x 15
==0.08067 = 0.081 hrs of labour
Answer:
Needs : Frappuccino before work each day and winter coat
Wants: monthly loan payment and paying extra on the principal loan amount
Saving: rent on your apartment
Answer:
$66.67
Explanation:
Using dividend growth model
P0 =
Where P0 = Current market price of share
D1 = Dividend at year end
Ke = Expected return
g = growth percentage
Since D1 has been provided we will take D1 else formula is D0 + g for calculating D1
Putting the values as provided we have
P0 =
= = $66.67