Answer:
July 8th
cash 350,000
unearned revenue 350,000
August 1st
unearned revenue 350,000
cash 650,000
service revenue 1,000,000
Explanation:
July 8th we have to post for the cash received, the total amount of the sale, may change so we don't record that.
On August 1st the services were performed. We accrued revenue for the whole amount of the contract. We record the cash received and we write-off the unearned revenue because is no more.
Answer:
The number of shares needed to raise $26 miliion will be 590909 shares.
Explanation:
To calculate the number of shares needed to raise $26 million, we first need to findout the price per share at which shares are issued. The fair value or the price per share can be caclculated using the constant growth model of the DDM approach. Thus, the price per share today will be:
P0 = 2.46 / (0.1024 - 0.0465)
P0 = $44.007 rounded off to $44
Thus, at the price of $44 per share, number of shares needed to raise $26 million will be:
No of shares = 26,000,000 / 44 = 590909.0909 rounded off to 590909 shares
For the estimation of his firm's weighted average cost of capital, paul calculates the average of the firm's cost of equity and after-tax cost of debt, both of which are weighted based on the firm's capital structure.
The combination of multiple external funding sources, collectively referred to as capital in corporate finance, that are used to finance a corporation is known as the capital structure. It is listed in the balance sheet of the company and comprises equity owned by shareholders, debt, and preferred shares.
The over- or under-capitalization is avoided. capital structure aids the business in boosting profitability through increased returns to stakeholders. Maximizing shareholder capital while lowering overall capital costs is made possible with the use of an appropriate capital structure.
Following are some of the key characteristics of a sound capital structure: Maximum Return, Less Risky, Safety, Flexibility, Economy, Capacity, and Control are among the factors.
To know more about capital structure refer to: brainly.com/question/15041466
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Well I think it is D.ATM fees because it just feels right
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.