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3 years ago

A(n) ________ refers to the first public offering of a corporation's stock.

Business

1 answer:

just olya [345]3 years ago

7 0

Answer:

The answer is C. initial public offering (IPO)

Explanation:

Initial public offering is the process by which a private company can go public by sale of its stocks to general public after which the company's shares are traded in an open market. Those shares can be further sold by investors through secondary market trading

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What is another way to express class rank?

Vadim26 [7]

Answer:

The answer is C.

Explanation:

Class rank is a measure of how a student's performance compares to other students in his or her class. It is commonly also expressed as a percentile.

8 0

2 years ago

Read 2 more answers

Journalize the following transactions for the Evans Company. Assume the company uses a perpetual inventory system.

marta [7]

Answer:

Evans Company

General Journal

Part a.

Debit : Cash $645

Debit : Cost of goods sold $375

Credit : Sales Revenue $645

Credit : Merchandise $375

Part b.

Debit : Cash $432

Debit : Cost of goods sold $195

Credit : Sales Revenue $432

Credit : Merchandise $195

Part c.

Debit : Accounts Receivable $670

Debit : Cost of goods sold $438

Credit : Sales Revenue $670

Credit : Merchandise $438

Part d.

Debit : Credit Card fees $85

Credit : Cash $85

Explanation:

The Perpetual inventory system calculates the cost of sale and inventory balance on each and every sale made hence the journals above.

4 0

3 years ago

4.You can buy a machine for $100,000 that will produce a net income, after operating expenses, of $10,000 per year. If you plan

Anon25 [30]

Answer:

$124,966.9

Explanation:

The computation of the market or resale value is shown below:

$100,000 = $10,000 ÷ (1.15^1) + $10,000 ÷ (1.15^2) + $10,000 ÷ (1.15^3) + $10,000 ÷ (1.15^4) + Resale value ÷ (1.15^4)

$100,000 = $8695.65 + $7561.44 + $6575.16 + $5717.53 + Resale value ÷ 1.749006

Resale value ÷1.749006 = $71,450.22

So, the resale value is = $124,966.9

We simply applied the present value formula

3 0

2 years ago

Is this bond currently trading at a discount, at par, or at a premium? Explain. (Select the best choice below.) A. Because

Dmitrij [34]

A. Because the yield to maturity is less than the coupon rate, the bond is trading at a discount. FALSE

<u>Explanation:</u> If the yield to maturity (YTM) is less than the Coupon rate (CR) the bond is trading at a premium

B. Because the yield to maturity is greater than the coupon rate, the bond is trading at par. FALSE

<u>Explanation:</u> If the yield to maturity (YTM) is greater than the Coupon rate (CR) the bond is trading at a discount.

C. Because the yield to maturity is less than the coupon rate, the bond is trading at a premium. TRUE

D. Because the yield to maturity is greater than the coupon rate, the bond is trading at a premium. TRUE

7 0

2 years ago

EK Chemical Company sells a specialty chemical in packages marked 83 g. In reality, EK has set the process mean at 84.0 g, and t

Lemur [1.5K]

Answer:

0.7207

Explanation:

Mean μ = 84g

SD σ = 1.85g

Upper specification limit (USL) = 88g

Lower specification limit (LSL) = 78g

Cpk = Min[USL - μ/3σ, μ-LSL/3σ]

Cpk = Min[88 - 84/3*1.85, 84-78/3*1.85]

Cpk = Min[4/5.55, 6/5.55]

Cpk = Min[0.7207, 1.0811]

Cpk = 0.7207

So, the process capability index for the current manufacturing process is 0.7207

5 0

2 years ago