Answer:
c. 179,811
Explanation:
The computation of the number of shares of stock sold for expansion is shown below:
The Number of shares is
= (Fund for growth + Legal and filing fees) ÷ Net price after underwriter spread
= ($6,800,000 + $352,000) ÷ (43 × (1 - 7.5%))
= $7,152,000 ÷ $39.775
= 179,811 shares
Hence, the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Charismatic leader
Explanation: Charismatic leaders are those leaders which gain authority due to their charisma and not on legal or traditional basis. These kinds of leaders generally inherits very effective communication skills and can persuade others due to their confidence and strict believes in morals.
Mahatma Gandhi is an example of charismatic leader.
Answer:
Dr Amortization expense 5.50
Cr Accumulated Amortization - Patent 5.50
Explanation:
Preparation of Journal entries to Record the adjusting entry for patent amortization in 2016
Van Frank Telecommunications
Dr Amortization expense 5.50
Cr Accumulated Amortization - Patent 5.50
(To record amortization of patent)
Calculation for the Amortized expense
Cost of the asset $19.80
Annual amortization $2.20
($19.80 / 9 years)
Amortization till date (2012-2015) $8.80
($2.20*4)
Unamortized value ($19.80-$8.80) $11.00
Remaining life 2 years
Amortized expense ($11.00/2) $5.50
This is secondary appraisal.
Primary appraisal is deciding the significance/importance of an event to your life, and secondary appraisal is considering how to cope with or take advantage of the situation.