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4 years ago

Thank you in advance

Mathematics

1 answer:

aliya0001 [1]4 years ago

8 0

4. The value f issue is the quantity of shares multiplied by the price of each share.

25,000 shares x $9.20 = $230,000.

The answer is b.$230,000

5. Total selling expense would be the commission plus all the fees.

Multiply the value of issue by the commission percentage and then add the other costs.

230,000 x 0.065 = 14,950

14,950 + 1,985 = $16,935

The answer is a. $16,935

6. Divide the total selling expense by the number of shares:

750,000 / 900,000 = 0.83

The answer is d. $0.83

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