Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
$20
Explanation:
Given that,
Cash collected from the customers = $100
Cash paid to suppliers = $60
Cash paid to employees and other creditors = $20
Depreciation expense = $10
Therefore,
Clarke’s Cash Flow from Operations during the quarter ended 3/31/2015:
= Cash collected from the customers - Cash paid to suppliers - Cash paid to employees and other creditors
= $100 - $60 - $20
= $20
Answer:
The total proceeds from the common-stock sale amounts to $139,500,000
Explanation:
The aggregate proceeds from the sale of common stock is computed as:
Total proceeds from sale of common stock = Number of shares issued × Offer Price per share
where
Number of shares issued is 5 million that is 5,000,000
Offer Price per share is $27.90
By putting the values in the above formula:
= 5,000,000 × $27.90
= $139,500,000
I would ask what is wrong with our current packaging? Why are we making revisions?
Also, what gain would be brought to the table with this new packaging?