Answer:
d. all of these.
Explanation:
Best-effort underwriting refers to the selling of shares or securities with best efforts involved. Generally it aims at maximum selling, the price is not in consideration, the number of shares sold is what matters.
Investment banks or underwriters do not care much about selling price as their commission is flat and fixed, irrespective of total revenue from sales.
Also there is no guarantee or agreement to sell specified number of securities, rather there is a promise to make best efforts for maximum sale.
Answer:
Option (b) is correct.
Explanation:
Given that,
Estimated total fixed manufacturing overhead = $121,000
Estimated direct labor-hours for the period = 10,000
Actual total fixed manufacturing overhead = $113,000
Actual total direct labor-hours during the period = 10,900
Predetermined overhead rate:
= Estimated total fixed manufacturing overhead ÷ Estimated direct labor hours
= $121,000 ÷ 10,000
= $12.10
Therefore, the predetermined overhead rate is closest to $12.10.
Information communication technology provides the means of storing, transmitting, altering and receiving data through electronic means.
Information communication technology is a brand of information technology, IT, that most are familiar with. Companies collect and store this information to communicate with customers, find the right target market, track their sales and much more. Information communication technology is a huge part of a companies interworking's.
Answer:
everyone is willing to pay the taxes to receive the benefits.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
A Lindahl equilibrium can be defined as an economic state in which there is a production of an optimal quantity of public goods and the cost of these goods is shared in a fair manner among everybody. It was developed by Erik Lindahl.
In a Lindahl equilibrium everyone is willing to pay the taxes to receive the benefits.
