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IRINA_888 [86]
3 years ago
7

You founded your own firm three years ago. You initially contributed $200,000 of your own money and in return you received 2 mil

lion shares of stock. Since then, you have sold an additional 1 million shares of stock to angel investors. You are now considering raising capital froma venture capital firm. This venture capital firm would invest $6 million and would receive 3 million newly issued shares in return.
Suppose you sold the 1 million shares to the angel investor for $500,000. What was the post-money valuation of your shares immediately following the angel investor's investment?
A. 1.0$ million
B. 500,000$
C. 2.5$ million
D. 2.0$ million
Business
1 answer:
satela [25.4K]3 years ago
6 0

Answer:

A. $1.0 million

Explanation:

total shares outstanding immediately after you sold stocks to the angel investors = 2 million (your own) + 1 million (angel investors) = 3 million

the angel investors paid $500,000 for 1 million stocks, that means that your 2 million shares are worth twice as much = $500,000 x 2 = $1,000,000

the company's total value = $1,000,000 + $500,000 = $1,500,000

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4 0
3 years ago
A company's flexible budget for the range of 35,000 units to 45,000 units of production showed variable overhead costs of $2 per
Ipatiy [6.2K]

Answer:

$3200 favorable

Explanation:

We have given range of number of production = 40000 units

So average of number of units =\frac{35000+45000}{2}=40000

Variable cost = $2 per unit

So total variable cost = 40000×$2 = $80000

Fixed overhead = $72000

Budgeted overhead for actual production = Variable overhead +Fixed overhead  = $80000+$72000 = $152000

Actual total overhead cost = $148,800

Total overhead controllable cost variance = Budgeted overhead - Actual overhead

= $152,000 - $148,800 = $3,200 favorable.

6 0
3 years ago
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 19,
ANTONII [103]

Answer:

Incremental income as scrap=$66,500

Incremental income when re-worked= $81,700

Explanation:

Unit contribution from selling as scrap is the equal to the scrap value = 3.50

Unit contribution when reworked and sold as scrap =Selling price - cost of re-work= $8.90-4.60= $4.3

Incremental income as scrap = $3.50×19,000= $66,500

Incremental income when re-worked= $4.3 × 19,000 = $81,700

Incremental income as scrap=$66,500

Incremental income when re-worked= $81,700

5 0
3 years ago
Two methods can be used to construct a statement of cash flows: the direct method and the indirect method. Under the indirect me
Morgarella [4.7K]

Answer:

A. two balance sheets and B. income statement

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and the loss on sale of assets is added whereas the gain on sale of assets is deducted  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

5 0
3 years ago
What educational requirements must a non-resident salesperson meet in order to qualify for licensure as a missouri broker?
leonid [27]

Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.

Not only non-resident salesperson license holders must successfully complete the 48-hour broker course in addition to having the necessary experience but also pass an exam to be eligible for a broker's license.

Additionally, a non-resident license certification is required.

Also, The 24-hour practice course, passing the state part of the salesperson exam, and submitting a non-resident license certification from the other state are requirements for non-resident salesperson license holders who want to earn a Missouri salesperson license.

Hence, Educational requirements must a non-resident salesperson meet in order to qualify for licensure as a Missouri broker should finish the 48-hour broker training program.

Learn more about brokers:

brainly.com/question/4716509

#SPJ4

3 0
1 year ago
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