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3 years ago

When companies go public they get a direct say in choosing the price of their stocks.

Business

2 answers:

aev [14]3 years ago

7 0

Answer:

This statement is false.

Explanation:

Company stocks are determined by supply & demand.

Unrelated Fun Fact:

Lake Hillier in Australia is nearly as salty as the Dead Sea. Scientists suspect that some salt-loving bacteria (chiefly Salinibacter ruber) and algae give the lake its pink hue.

salantis [7]3 years ago

3 0

False: it is chosen by the supply and demand

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The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It

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3 years ago

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The two activities to serve with a market offering. to make this decision, marketers engage are segmenting and targeting.

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1 year ago

Cash Flow Equivalences. Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years

vagabundo [1.1K]

Answer:

They must set aside $65,494.95 at the end of year 4.

Explanation:

Giving the following information:

Southwestern Moving and Storage wants to have enough money to purchase a new tractor-trailer in 5 years for $290,000. If the company sets aside $100,000 in year 2 and $75,000 in year 3.

Interest rate= 9%

We will assume that the money gets set aside at the end of each period.

First, we need to calculate the accumulated money of the first two investments using the following formula:

FV= PV*(1+i)^n

Year 2: FV= 100,000*(1.09)^3= 129,503

Year 3: FV= 75,000*(1.09)^2= 89,107.5

Total= $218,610.5

Difference= 290,000 - 218,610.5= 71,389.5

Final value= 71,389.5

We need to find the present value:

PV= FV/(1+i)^n

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3 years ago

Should companies hire only people who represent the company image based on how they look?

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No, companies need to hire people who have experience.

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3 years ago

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