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jasenka [17]
3 years ago
14

rue or False: The following statement accurately describes how firms make decisions related to issuing new common stock. Taking

flotation costs into account will reduce the cost of new common stock.
Business
1 answer:
Eddi Din [679]3 years ago
7 0

Answer: False

Explanation:

Flotation costs are the costs that are incurred by a company whenever the company is issuing new securities. They are fee that are charged by the financial institutions for services such as legal and underwriting services.

Flotation costs are additional costs associated that are incurred when a new common stock is raised.

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Baker’s Financial Planners purchased seven new computers for $970 each. It received a 20% discount because it purchased more tha
yawa3891 [41]

Answer:

Check:  5,269.04

Explanation:

We will multiply each computer by the list price. Then, apply the order discount of 20%. Finally the invoice discount of 3% for payment within 10 days

7 computer x 970 dollars each = 6,790

20% Discount for quantity:

6,790 x 20%                                  (1,358)

                   Invoice nominal:        5,432

discount within the first 10 days:

5,432 x 3%                                       (162.96)

        final amount:                       5,269.04

4 0
2 years ago
Charging someone higher interest on a loan because they missed a payment in the past is:
posledela

Answer:D

Explanation:

6 0
2 years ago
How likely is it that food sales would exceed $220,000 if attendance is 18000?
Serjik [45]
<span>I believe it would because that would mean it’s only $12 a person and if the event is buffet style or open bar people will most likely eat more than $12 worth of food.</span>
5 0
3 years ago
Jim was called to active duty in the military. Knowing that he would be out of the country for a year or more, he gave his siste
Mamont248 [21]

Answer: C. General agent

Explanation: A general agent is a person appointed to act on his behalf in a variety of activities such as home activities,business transactions etc this type of agent is usually contracted to do this kind of Activities especially when the person expected to carry out these sets of Activities will not be available for a given period. A general agent can be an organisation or an individual or group of persons who carry out tasks as specified by the principal.

3 0
3 years ago
Max and Lew have entered into a contract for Lew to paint Max’s house. The contract specifically states that the job was to be c
mars1129 [50]

Answer:

The correct answer is letter "D": nominal damages.

Explanation:

Nominal damages are granted as monetary rewards when a legal fault takes place but there has not been substantial damage because of it. It is said that the fact of granting the fault represents more of a moral act. Usually, if awarded, the plaintiff may receive $1 or $2.

In the case, as Max suffered no loss because of Lew's delay while painting his house, if he decides to sue him he will be awarded nominal damage for the contract breach.

3 0
2 years ago
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