Answer: I, II & III
Explanation:
In a typical underwriting arrangement, the investment-banking firm;
I) sells shares to the public via an underwriting syndicate.
II) purchases the securities from the issuing company.
III) assumes the full risk that the shares may not be sold at the offering price.
Answer: See explanation
Explanation:
Following the information given in the question, the adjusting journal entry to record depletion expense will be:
Debit Depletion expense - Coal deposit = $280,000
Credit Accumulated Depletion - Coal Deposit = $280,000
Note that the depletion expense was calculated as:
= ($900000 - $100000) / 200000] × 70000
= $280000
A. B. S. Securitization
What is A. B. S. Securitization
A security that receives income distributions from and is "backed" by a specific pool of underlying assets is known as an asset-backed security (ABS).
Usually, the pool of assets consists of a collection of small, inflexible, and immovable assets that cannot be sold separately. Because each security will only represent a small portion of the total value of the diverse pool of underlying assets, pooling the assets into financial instruments enables them to be sold to general investors, a process known as securitization, and permits the risk of investing in the underlying assets to be diversified. The pools of underlying assets can range from straightforward cash flows like credit card, auto, and home loan payments to obscure cash flows like aircraft leasing payments, royalties, or movie earnings.
To learn more about A.B.S Securitization
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Answer:
The cost of the depreciation of plant's machinery is considered a variable cost because machinery uses an accelerated depreciation method for book and income tax purposes
Explanation:
A variable cost is an expense that is proportional to the production output. That is variable costs increase or decrease with respect to a company's production. This cost rise as production rises and falls as production falls. Costs of raw materials and packaging are examples of variable costs.
Here,
Corporation, a manufacturing company, is analyzing its cost structure in a project to achieve some cost savings.
The cost of the depreciation of plant's machinery is considered a variable cost because machinery uses an accelerated depreciation method for book and income tax purposes
Answer:
................
Explanation:
Step 1: Three-year accredited undergraduate psychology sequence.
Step 2: Fourth-year accredited psychology studies.
Step 3: Internship pathway or postgraduate study to general registration.