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Ber [7]
3 years ago
6

If the minority price for a single share of stock of a company is $20, if there are 500 thousand shares of stock, and a person o

ffers to buy the entire company for $14.5 million, what is the controlling interest premium being offered
Business
1 answer:
KATRIN_1 [288]3 years ago
8 0

Answer:

$4,500,000

Explanation:

current market price per stock $20

total stocks outstanding 500,000

corporation's total value = 500,000 x $20 = $10,000,000

investor's offer to purchase 100% at $14,500,000

controlling interest premium = $14,500,000 - $10,000,000 = $4,500,000

new price per stock = $14,500,000 / 500,000 = $29

The controlling interest premium equals the difference between the current market price of the stock and the purchase offer.

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3 years ago
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Answer and Explanation:

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     To Cash  $53,420

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      To Accumulated Depreciation - Equipment  $9,614

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The computation is shown below:

= ($53,420 - $5,350) ÷ ( 5 years)

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3 years ago
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Answer:

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3 years ago
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
ratelena [41]

Answer:

B) Sales discounts.

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