Answer:
The answer is. initial Public Offering (IPO)
Explanation:
If a firm(like JLK) wants to trade its shares to the public for the first term, it will do so in a process known as Initial Public Offering (IPO).
This process will enable JLK or any other firm to raise capital from the company for the first time. Also, JLK partnership is a private company, this process will make the firm a public company.
Answer:
Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.
Answer:
Each individual employee has their own set of beliefs and needs, and you can rarely find two of them who are alike. Therefore, managers have a hard time understanding how different their employees are. Also, it's hard to keep up with all the employee needs if they are constantly changing and evolving.
subscribe to my YT channel: Stromedy
Answer:
955 unit
Explanation:
Data provided in the question:
Selling price per unit = $670
Variable cost per unit = $250
Total fixed costs = $327,600
Income tax rate = 35%
After tax Desired profit = $47,775
Now,
Before tax profit = [ After tax Desired profit ] ÷ [1 - Tax rate ]
= $47,775 ÷ [1 - 0.35 ]
= $73,500
Contribution required = Total fixed costs + Before tax profit
= $327,600 + $73,500
= $401,100
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $670 - $250
= $420
Therefore,
No of unit required to be sold
= [ Contribution required ] ÷ [Contribution margin per unit ]
= $401,100 ÷ 420
= 955 unit
Answer:
$1.75
Explanation:
Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)
Earnings per share to be reported = $1.82 * 96%
Earnings per share to be reported = $1.7472
Earnings per share to be reported = $1.75
So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.