The difference between the price an issuer receives and the offering price at which shares are sold to investors is known as The gross spreads.
Gross spread is the distinction among the underwriting fee obtained by the issuing business enterprise and the actual rate offered to the making an investment public. In different words, the gross spread is the monetary institution's reduce or benefit from the IPO listing.
The gross proceeds suggest the overall sum of money the syndicate increases from the primary traders. add the underpricing to the gross proceeds to obtain the marketplace price presented.
An underwriting unfold is the distinction among the greenback amount that underwriters, which includes investment banks, pay an issuing for its securities and the greenback quantity that underwriters obtain from promoting the securities in a public imparting. In one of the maximum common definitions, the spread is the space among the bid and the ask charges of a protection or asset, like a inventory, bond, or commodity.
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Answer:
A salesperson wishing to limit his or her exposure to legal problems should remember to:
Avoid making disparaging comments about a competitor's product without specific evidence
Explanation:
A salesperson is a representative of a company usually entrusted to market the company to different customers. The salesperson is always expected to act in a manner that is ethical to avoid any legal problems either from the clients themselves or from the competitors. Company's that have sales persons as their representative always ensure that their salesperson knows how to behave in an ethical fashion. When a salesperson, behaves in unethical way, legal action can be taken against the individual and the company. These always cause bad publicity and legal expenses that can be detrimental to the company's survival.
Sales ethics always vary from country to country. One needs to be aware of the specific ethical standards that should be adhered. Unethical practice can often cause clients to lose any trust in a company. In our case however, the salesperson is trying to make a sales pitch. His/her major concern is to avoid any legal problems for example; law suits. Since the salesperson is participating in a competitive market, the best option to avoid any legal problems would be to avoid making disparaging comments about a competitors product without specific evidence. Making such a comment will definitely attract laws suits in form of a disparagement law suit.
<span>Which type of account typically has low liquidity? Certificate of deposit.
A certificate of deposit is issued by a bank to someone who is depositing money for a set length of time. They have low liquidity, fixed interest rate and a fixed maturity date.
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Answer:
Option (c) is correct.
Explanation:
Given that,
Work in Process, January 1 = $51,600
Work in Process, December 31 = 37,800
Direct materials used = $13,300
Total factory overhead = 6,300
Direct labor used = 27,300
Therefore,
Total manufacturing cost:
= Direct material + Direct labor + Factory overhead
= $13,300 + $27,300 + $6,300
= $46,900.
