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Levart [38]
2 years ago
8

Xyz corporatio nis selling 100000 shares of common stock through an underwriter at $15 per share, xyz corporation will receive?

Mathematics
1 answer:
galina1969 [7]2 years ago
6 0

The XYZ corporation will receive $1500000 for all the shares sold.

<h3>What is unitary method?</h3>

A single unit's value can be determined from the values of multiple units, and multiple units' values can be determined from the values of single units using the unitary method.

Now,

Given: Cost of 1 share = $15

To find: Money received on selling 100000 shares.

Finding:

By unitary method,

Money received on selling 1 share = $15

Money received on selling 100000 shares = 15(100000) = $1500000

Hence, The XYZ corporation will receive $1500000 for all the shares sold.

To learn more about unitary method, refer to the link: brainly.com/question/24587372

#SPJ4

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Fofino [41]

Answer:

. We assume, that the number 260 is 100% - because it's the output value of the task.

2. We assume, that x is the value we are looking for.

3. If 260 is 100%, so we can write it down as 260=100%.

4. We know, that x is 6.75% of the output value, so we can write it down as x=6.75%.

5. Now we have two simple equations:

1) 260=100%

2) x=6.75%

where left sides of both of them have the same units, and both right sides have the same units, so we can do something like that:

260/x=100%/6.75%

6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for what is 6.75% of 260

260/x=100/6.75

(260/x)*x=(100/6.75)*x       - we multiply both sides of the equation by x

260=14.814814814815*x       - we divide both sides of the equation by (14.814814814815) to get x

260/14.814814814815=x

17.55=x

x=17.55

now we have:

6.75% of 260=17.55

Step-by-step explanation:

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