Answer:
Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Explanation:
To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:
Gross proceeds = $49 * B, or $49B
Underwriter charges = 6% * $49B = $2.94B
To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:
$49B – $2.94B = $400,000,000
$46.06B = 400,000,000
B = 400,000,000 / 46.06
B = 8,684,324.79 shares, or 8.68 million shares.
Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Unless the bankers are serious money moochers, the lowest interest (In Total Amount) will be:
C. Daily Compound
This is the most likely because the more time you take to pay your debt the more you have to pay in interest.
Answer:
FLSA rules establish that only short coffee breaks (between 5 to 20 minutes) should be compensated as work time. Meal periods that last at least 30 minutes are not compensable work time.
If maintenance workers are recalled earlier, that time counts as work time because they are performing their normal work tasks.
The fact that Orlando wants to become a certified public accountant means that the career cluster he is in is C. Finance.
<h3>What career cluster is accounting?</h3>
A career in accounting is found in the finance career cluster which deals with other subjects that have to do with financial services.
Apart from accounting, the finance cluster would include things like investment banking, banking, and credit analysis.
Find out more on career clusters at brainly.com/question/24613213.
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Answer:
the numbers of the first part are missing here, so I looked for a similar one:
"The Packaging Department started the month with 300 units in process that were 70% complete, receiving 2,000 units from the Cutting Department. The Packaging department had 200 units in process at the end of the period that are 40% complete.
All materials are added at the beginning of the process and conversion is added uniformly.
From the Packaging Department, units are transferred to Finished Goods."
Since we are not asked to calculate costs, we are told to calculate equivalent units for conversion costs, the formula would be:
total units finished and transferred out = 300 + 2,000 - 200 = 2,100
equivalent units of ending WIP = 200 x 40% = 80
total equivalent units = 2,100 + 80 = 2,180 equivalent units