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3 years ago

How is going public a way to secure capital without going into debt? Name a company that has held an IPO.

1 answer:

5 0

Going public is a way to secure capital without going into debt because going public means that a company could increase its capital by sharing its ownership or issuing its stock. There are two types of capital which company can be obtained which are the equity capital and debt capital. Facebook and Alibaba Group have held an IPO to issue its stocks.

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Merger Co. has 10 employees, each of whom earns $1,700 per month and has been employed since January 1. FICA Social Security tax

andriy [413]

Answer:

Date Description Debit Credit

March, 31 Payroll Tax expense $‭2,320.5‬0

FICA Social Security taxes $1,054

FICA Medicare taxes $ 246.50

FUTA taxes $ 102

SUTA taxes $ 918

<u>Working </u>

FICA Social Security taxes = 1,700 * 10 * 6.2% = $‭1,054‬

FICA Medicare taxes = 1,700 * 10 * 1.45% = $‭246.5‬0

FUTA Taxes = 1,700 * 10 * 0.6% = $‭102‬

SUTA Taxes = 1,700 * 10 * 5.4% = $‭918‬

Payroll Tax expense = 1,054 + 246.50 + 102 + 918 = $‭2,320.5‬0

7 0

3 years ago

g On July 1, Alton Co. issued an $60,500, 10%, 120-day note payable to Seller Co. Assume that the fiscal year of Alton Co. ends

irakobra [83]

Answer:

The interest expense is $521

Explanation:

The amount of interest expense for the fiscal year is the interest expense of 31 days which ,in other words the interest incurred only in the month of July ,calculated thus:

interest expense=days in the month/360days*interest rate*loan amount

interest expense=31/360*10%*$60,500=$ 521

The interest expense for the current fiscal year rounded to the nearest dollar amount is $ 521

8 0

3 years ago

To get an idea of whether you should continue to run a search network campaign on search partner sites, you can:

ziro4ka [17]

You can separate or group the campaign's data by network and evaluate its performance on search partner sites

5 0

3 years ago

Fifteen percent of the students in a school of Business Administration are majoring in Economics, 20% in Finance, 35% in Managem

Lina20 [59]

D/ both a bar and pie graph can be used

4 0

3 years ago

Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for

V125BC [204]

Answer:

1,500 units; 1,000 units

Explanation:

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit

Fixed cost = $160,000

Sales Mix = 60% of X + 40% of Y

= 0.6X + 0.4Y

So,

Contribution Margin of the Mix:

= (60% × contribution margin of X) + (40% × contribution margin of Y )

Contribution Margin of the Mix per unit:

= (60% × 80) + (40% × 40)

= 48 + 16

= $64

Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit

= 160,000 ÷ 64

= 2,500 unit

At the Level of break even :

Unit of X at break-even:

= 60% of 2,500

= 1,500 units

Unit of Y at break-even:

= 40% of 2,500

= 1,000 units

3 0

3 years ago