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Reptile [31]
3 years ago
7

"An officer of MNO Corporation wishes to sell stock under Rule 144. MNO has 50,000,000 shares outstanding. The previous weeks' t

rading volumes are:"
Business
1 answer:
wlad13 [49]3 years ago
8 0

On November 23rd, an officer of MNO Corporation wishes to sell stock under Rule 144. MNO has 50,000,000 shares outstanding. The previous weeks' trading volumes are:

Week Ending Volume

Nov 21 : 500,000 shares

Nov 14 : 525,000 shares

Nov 7 : 485,000 shares

Oct 31 : 450,000 shares

Oct 24 : 400,000 shares

If the Form 144 is filed today, the maximum sale is:

Answer:

500,000 shares

Explanation:

Given that: according to rule 144, which enables the sale of the greater of 1% of the outstanding shares or the weekly average of the preceding 4 weeks trading volume every 90 days.

Then, we have 1% of 50,000,000 shares = 500,000 shares. The last 4 weeks' trading volumes are:

500,000 shares

525,000 shares

485,000 shares

450,000 shares

1,960,000 shares / 4 weeks = 490,000 share average

Therefore, the greater amount is 1% of outstanding shares, which is 500,000 shares.

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3 years ago
The effects of ____ are not sufficiently strong to manipulate consumers, alter their preferences, or make the ad more memorable,
katrin2010 [14]

Answer:

Subliminal stimuli

Explanation:

Subliminal stimuli is defined as a stimulus that is below the sensory capacity of an individual. It is below the threshold where the individual can perceive that there is a change in something. For example if a company is producing potato chips and they want to increase salt content.

The point at which the consumer starts to notice a change in salt content of the potatoe chips is above the subliminal stimuli.

Although subliminal stimuli is not readily perceived it can unconciously influence consumer behaviour.

3 0
3 years ago
Read 2 more answers
Kay Company budgets overhead cost of $4,104,000 for the next year. The company uses direct labor hours as its overhead allocatio
Kobotan [32]

Based on the fact that Kay Company will use direct labor hours as its overhead allocation base, the overhead for a product with 5 labor hours is $228.

<h3>What is the overhead assigned to the product?</h3>

This can be found as:

= Total overhead cost / Number of labor hours x Product labor hours

Solving gives:

= 4,104,000 / 90,000 x 5

= 45.6 x 5

= $228

Find out more on assigning overhead costs at brainly.com/question/22812280.

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3 0
2 years ago
Rowell Company spent $3 million two years ago to build a plant for a new product. It then decided not to go forward with the pro
ELEN [110]

Answer:

B. If the building could be sold, then the after-tax proceeds that would be generated by any such sale should be charged as a cost to any new project that would use it.

Explanation:

The proceeds from a potential sale are the opportunity cost of using the building for a given project instead of selling to a third party. Not including any cost will lead to project not recovering the entire capital used in it.

Is important to notice this is the after-tax proceeds from the sale of the building.

3 0
3 years ago
Shen lives in Dallas and runs a business that sells pianos. In an average year, he receives $851,000 from selling pianos. Of thi
Elis [28]

Solution :

1.

The income from renting his showroom that Paolo would receive if he allowed to rent his showroom is a Implicit cost as this is a cost which will not be paid in actual.

The wages as well as the utility bills paid by Paolo is an example of explicit cost as this cost would be paid in actual for the businesses and are added in accounting.

The wholesale amount that Paolo pays for the pianos to the manufacturer is an explicit cost and is aid in actual to the manufacturer.

The salary that Paolo could have earned if he choses to be an accountant will be an implicit cost as this cost is not paid in actual.

2. Paolo's accounting profit can be calculated by :

  Accounting profit = revenue - explicit cost

                                 = 851,000 - 476,000 - 281,000

                                = $ 94,000

3. Paolo's economic profit is :

   Economic profit = accounting profit - implicit profit

                             = 94,000 - 34,000 - 71,000

                              = -11,000

6 0
2 years ago
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