Question

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

Answer 1

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

What is unitary method?

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

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