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mr_godi [17]
3 years ago
14

Management of Carla Vista, Inc., is planning to raise $1,215,000 in new equity through a private placement. If the sale price is

$20.25 per share, how many shares does the company have to issue
Business
1 answer:
Alexeev081 [22]3 years ago
3 0

Answer:

Number of shares to be issued =  60,000  units

Explanation:

<em>A private placement involves the issue of new shares to a few number of individual and institutional investors. Unlike initial public offering, here the shares are not offered to the general public.</em>

The number of units to be issued is determined as follows

Units to be issued = Total capital to be raised / issue price per share

Number of units to be raised = $1215,000/$20.25 per share= 60,000  units

Number of shares to be issued =  60,000  units

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8 0
3 years ago
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The daily interest multiplier for a savings account paying 2% annual interest for 180 days
kolezko [41]

Answer:

$5,050.25  

Explanation:

The daily interest multiplier has already been stated to reflect interest earned over a 180-day investment timing horizon, hence , in order to determine the compound of $5,000 saved for 180 days, we simply multiply the daily interest multiplier for 180 days by the actual amount saved as shown below:

FV=PV*interest multiplier

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interest multiplier= 1.010050

FV=$5,000* 1.010050

FV=$5,050.25  

5 0
3 years ago
Are there any similarities between the characteristics demanded of an entrepreneur and those of a professional athlete? Would an
pychu [463]

Answer:

The demands of an entrepreneur and a professional athlete are more comparative than one may expect.

Explanation:

Professional athlete are required to place in extended periods of time, remain submitted, deal with their bodies, keep an expert notoriety, and deal with their own image. An entrepreneur must work unusual hours, stay with their objectives, deal with themselves, arrange and keep up great associations with sellers and clients, and advance their organisation. So yes they both have similarities and an athlete can work as an entrepreneur because he knows how to work with team members and how to stay on objectives.

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The eventual result in the U.S. v. Microsoft case was: a. Bill Gates was sentenced to one year in prison for violations of the S
liraira [26]

Answer: C. The court concluded that Microsoft violated the Sherman Act

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It was decided by the District Court that Microsoft violated the Sharma Antitrust Act of 1890.

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3 years ago
Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her c
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Yea janelle like to keep all her savings good for her

Explanation:

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