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Blababa [14]
4 years ago
13

Dalrymple Bay Coal Terminal, a coal-handling facility and export terminal in Queensland, Australia, has issued triple-A rated bo

nds for $680 million in Australian dollars. The bonds will be used to refinance existing bank debt caused by the acquisition of eases from the Queensland government in 2002. The Commonwealth Bank of Australia acted as investment bankers to the transaction. This means the Commonwealth Bank of Australia:
Business
1 answer:
kirza4 [7]4 years ago
7 0

Answer: B. Bought the bonds from Dalrymple and sold them to the public

Explanation:

Investment Banks help companies issuing new securities in diverse ways to ensure that they raise the capital they are looking for. Some of the ways they help include; underwriting securities and market research. The main way they help companies issuing new securities however, is underwriting.

With Underwriting, the Investment Bank usually buys all the securities on offer from the Issuing company, then sells them at higher price to make a profit. This helps the issuing company because they get to sell all or most of their securities so it reduces uncertainty.

The Commonwealth Bank of Australia therefore bought the bonds from Dalrymple and sold them to the public.

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Juno Corporation's stockholders' equity section at December 31, 2019 appears below: Stockholder's equity Paid-in capital Common
wlad13 [49]

Answer:

Explanation:

Date         Particulars                                   Amount (Dr)      Amount (Cr)

6/30/17   Stock dividends

              (60,000 × 20% × 15)                       180000

              Common stock dividend

              distributable                                                             120000

             Paid-in Capital in Excess of Par

              common stock                                                            60000

7/15/17    No entry

7/31/17    Common stock dividend distributable    120000

              Common stock                                                            120000

12/1/17     No entry

12/15/17  No entry

Particulars    

1. Common stock   = (72000 × 2 × 5)                                    $720,000                

2. Number of shares outstanding (60000+12000)×2            144000

3. Par value per share (10/2)                                                  $5

4. Paid-in capital in excess of par  (150000+60000)           $210000

5. Retained earnings   (150000+190000-180000)               $160000

6. Total stockholders' equity                                                   $1090000

4 0
3 years ago
While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in
Vsevolod [243]

Answer:

While in the restroom, you overhear your boss telling a colleague that Bob is going to be laid off at the end of the quarter in about two weeks’ time. Bob is a good friend of yours.Do you tell him? Why or why not?a.Response/Approach: UTILITARIANISMi.As a good friend you are, you could HIGHLY encourage Bob look for a newjob and infer that you heard that there are budget cuts going to be happening and “anyone” could be “laid off.”7.One of the newest salespeople in your division is a real goof-off, never showing up for work on time, distracting other people with his antics and so on. You complain about him to your boss, who tells you the kid is the son of the company president. Your boss instructs you not only to leave the new guy alone but also to make his sales numbers look good by throwing him some no-brainer accounts. What do you do?a.Response/Approach: INDIVIDUAL RESPONSIBILITESi. As an employee of this company, you have the responsibility to report thisto a someone of higher status than just your boss. If your boss isn’t takingthe situation seriously, you need to stand up and tell higher authorities.ii.There is surely more people that are aware of this and if everyone aware backs you up, you can’t be fired or punished because then things would “become personal” and that can become a bigger issue that the presidentof the company is probably willing to deal with.

Explanation:

3 0
3 years ago
Which of the following is an example of the legal/regulatory environment surrounding advertising and promotional activities of b
hjlf

Answer:

the Federal Trade Commission

Explanation:

Federal Trade Commission - This commission was established in 1914 with the aim to improve the competition practice in commerce. As the year passed, some amendments have done in the commission, now authority can police illegal competition practice.

it helps the customers in filing cases against any fraud,  theft or any unfair practice against them.

8 0
4 years ago
Run Scenario 1 using the following inputs: Inter-arrival time = 5 hours, mean length of stay = 16 hours, standard deviation of i
Anna35 [415]

Answer:

80%

Explanation:

The capacity utilization rate evaluate the proportion of potential economic output that is actually realized.

To solve for theoretical utilization, we use the following formula as given below;

Theoretical Utilization = {p/(ma)}×100

Where we have our variables as,

p=16

m=4

a=5

Imputing variables into the formula we have

Theoretical utilization = {16÷(4×5)}×100

= {16/20}×100

=0.8×100

=80%

6 0
4 years ago
Melissa has been working to develop drought-resistance seeds that require little water to grow and which produce grain. she want
Inga [223]
Given that <span>Melissa has been working to develop drought-resistance seeds that require little water to grow and which produce grain. she wants to send these to arid parts of the world, where conventional grain is not easy (or even impossible) to grow to improve nutrition for the people in those countries. in sociological terms, melissa most likely ascribes to </span><span>Cornucopian theory.</span>
4 0
3 years ago
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