a. Burbank Corporation must use the mid-quarter convention to determine its cost recovery.
Answer: 2.51
Explanation:
First, we calculate the number of shares that will be issued in order to raise $8.6 million at $40 a share. This will be:
= $8.6 million / $40
= 215,000
Since the firm currently has 540,000 shares of stock outstanding, the number of rights that a shareholder will need to purchase one new share of stock in this offering will be:
= 540,000 / 215,000
= 2.51
Answer:
your answer is 4 .........................
Answer: Scaffolding, construction forms, and temporary structures
Explanation:
The builders risk coverage form simply refers to the insurance policy which covers both the residential structures and the commercial structures when such structures are being constructerd or renovated.
Based on the information given, the coverage extension of the Builder’s Risk Coverage Form that would cover the scaffolding will be scaffolding, construction forms, and temporary structures.
Answer:
A base salary of $500,000 plus a stock option package for 250,000 shares that mature in six months.
Explanation:
The same component in each option is base salary of $500,000.
Since the salary is common the decision will not impact for such common component.
As with the time value of money concept the later the payment, current value of such payment is less, relatively therefore, the option of maturing shares of $250,000 in 6 months is better than the payment of shares matured in equal 5 years.
Further, the perquisites may or may not be monetary and as with respect to such decision choosing monetary perks like shares are better as it provides an individual the choice to spend such money according to his will.
