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1 year ago

When a corporation sells stock to the general public for the first time, it is referred to as a(n)?

1 answer:

4 0

When the first time a corporation sells stock to the general public, it is referred to as an initial public offering.

An initial public offering (IPO) is when shares or stocks of a private corporation are offered to the public in a new stock issuance for the first time. An initial public offering gives the private firm opportunity to raise equity capital from public donors. This action converts the private corporation into a public organization. This is a way for the original investors and founders to realize the full profit from their original investments.

To hold an initial public offering the corporation must meet the requirements of the security and exchange commission (SEC). Investment banks are usually hired by the company to handle the whole process and price market, gauge demand, and set the IPO share prices and dates. An IPO provides corporations with a lot of capital and gives them a chance to grow and expand their horizons.

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If a salesperson persuades a customer to purchase a higher-priced item than the customer initially intended, the salesperson has

Ray Of Light [21]

The correct answer would be option C, Traded up.

If a salesperson persuades a customers to purchase a higher priced item than the customer initially intended, the salesperson has Traded up the customer.

Explanation:

Salespersons usually help customers in buying the products of their needs and desires. Success of a salesperson depends upon how beautifully he grabs the customer and closes a sale.

When a salesperson trades something to a customer which is more expensive than the product which customer was previously intended to buy, it means that the salesperson has traded up the customer.

For example, if a salesperson persuades a customer to buy an automobile worth $20,000 rather than an automobile of worth $10000, it means, the salesperson has traded up the customer.

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3 0

3 years ago

Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i

WINSTONCH [101]

Answer:

$237,630

Explanation:

Windsor report as its December 31 inventory:

= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis

= $191,500 + $24,510 + $21,620

= $237,630

Therefore, the amount to be reported by Windsor company is $237,630.

7 0

3 years ago

What is a secured loan

Anon25 [30]

" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."

8 0

3 years ago

Read 2 more answers

Maren received 10 NQOs (each option gives her the right to purchase 8 shares of stock for $8 per share) at the time she started

bonufazy [111]

Answer:

Option (b) is correct.

Explanation:

Sale of share = NQOs received × No. of shares × Selling price per share

= 10 × 8 × $22

= $1,760

Gain realised:

= Sale of share - Basis

= $1,760 - [NQOs received × No. of shares × Selling price per share at $15]

= $1,760 - [10 × 8 × $15]

= $1,760 - $1,200

= $560

Tax paid = Gain realised × preferential rate

= $560 × 15%

= $84

6 0

3 years ago

Venzuela Company’s net income for 2020 is $50,000. The only potentially dilutive securities outstanding were 1,000 options issue

aev [14]

Answer:

$4.67 per share

Explanation:

The calculation of the diluted earning per share is given below:

= (Total income - preference dividends) ÷ (outstanding shares + diluted shares)

where,

Total income is $50,000

Outstanding shares is 10,000

And, the diluted shares is computed by following calculations

Amount paid towards shares = Options issued × Exercise price per share

= 1,000 × $6

= $6,000

And,

Value of options = Amount paid towards shares ÷ Current market price

= $6,000 ÷ $20

= 300

Therefore,

Diluted shares is

= Options issued - value of options

= 1,000 - 300

= 700

So Diluted Earnings per share is

= ($50,000) ÷ (10,000 + 700)

= $4.67 per share

4 0

3 years ago