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3 years ago

What is the admirals feast for red lobster

Business

1 answer:

jekas [21]3 years ago

8 0

Answer:

Admiral's Feast Tuesday—Red Lobster's take on a classic fish fry. Enjoy Walt's Favorite Shrimp, bay scallops, clam strips and wild-caught flounder—all fried until perfectly crisp and golden

Explanation:

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The Whistling Straits Corporation needs to raise $72 million to finance its expansion into new markets. The company will sell ne

Alisiya [41]

Answer:

1,390,718 shares

Explanation:

Amount to be raise = $72 million

Underwriters charges = 5%

Filling Fee = $700,000

After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.

Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474

Share price = $55

Numbers of share = $76,489,474 / $55 = 1,390,718 shares

8 0

3 years ago

What are examples of professional organizations? Select four options.

hram777 [196]

1. American institute of architects

2. American medical association

3. Screen actors guild

4. American society of mechanical engineers

you are very welcome!

8 0

3 years ago

Read 2 more answers

Market risk refers to the tendency of a stock to move with the general stock market. A stock with above average market risk will

Stolb23 [73]

Answer: True. Market risk refers to the tendency of a stock to move with the general stock market. A stock with above average market risk will tend to be more volatile than an average stock, and its beta will be greater.

Explanation: If a stock has a beta that is greater than 1, there is a higher risk for the stock. High risk stocks have a higher potential for return, but are also easier to lose funds from.

4 0

3 years ago

A home store chain is prepared to buy 3,800 of your Frog & Friends(TM) shower curtains per month for $5 each, but only 3,500

neonofarm [45]

Answer:

The linear demand function for Frog & Friends Shower curtains is q = -60p + 4,100

Explanation: $5 each ===> 3,800 curtains per month

$10 each ===> 3,500 curtains per month.

===> slope of the demand line is (3800-3500)/(5-10) = 300/-5 = -60

===> demand function is q = -60p + c for some constant c.

Let 3,800 = -60*5 + c.

=3800 = -300 + c

===> c = 4,100.

Therefore the linear demand function for frog & friends curtains is q = -60p + 4,100

5 0

3 years ago

SprayCo Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On March 9 of the current year,

velikii [3]

Answer:

March 9

Dr Treasury Stock - Common stock 456,000

Cr Cash 456,000

( to record the reacquired of 12,000 common stock at $38 each)

June 9

Dr Cash 311,600

Cr Treasury stock 288,800

Cr Paid-in capital 22,800

( to record the sell of 7,600 reacquired common stocks at $41 each)

November 13

Dr Cash 118,900

Cr Treasury stock 110,200

Cr Paid-in capital 8,700

( to record the sell of 2,900 reacquired common stocks at $41 each)

The balance of paid-in capital from sales of treasury stock = 8,700 + 22,800 = 31,500 Credit

Explanation:

Calculation notes:

March 9: The cash spent on reacquired common stock = 12,000 x 38 = $456,000

June 9: Cash receipt on sell of treasury common stock = 7,600 x 41 = 311,600; which will Credited $288,800 into Treasury stock account ( 38 x 7,600) and Credited $22,800 ( (41-38) x 7,600) into Paid-in capital account.

Nov 13 : Cash receipt on sell of treasury common stock = 2,900 x 41 = 118,900; which will Credited $110,200 into Treasury stock account ( 38 x 2,900) and Credited $8,700 ( (41-38) x 2,900) into Paid-in capital account.

b. Calculation is shown above

3 0

3 years ago