Answer:
A) Oversubscribed
Explanation:
An IPO is described as oversubscribed when the demand for the shares on offer exceeds the stock available. The interest in the IPO by investors is very high that the shares on offer cannot meet the demand. The degree of the over-subscription is expressed by a multiple. For example, Company XYZ shares are oversubscribed two times.
An oversubscribed share will often transact at a higher price when trading begins. A company whose shares have been oversubscribed can take advantage and offer more shares. Over-subscription contrasts under-subscription, which is a situation of low demand for an IPO that results in some shares not being bought.
Answer:
The smallest Q that will suffice is 409.86
Explanation:
Since Future value of payments = 14000
300*[(1 + 3%/12)^12 - 1]/3%/12*(1 + 3%/12)^24 + Q*[(1 + 3%/12)^24 - 1]/3%/12 = 14000
Q*[(1 + 3%/12)^24 - 1]/3%/12 = 14000 - 300*[(1 + 3%/12)^12 - 1]/3%/12*(1 + 3%/12)^24
Q = 409.86
Therefore, The smallest Q that will suffice is 409.86
Answer:
Press Kits
Explanation:
Based on the information provided within the question these folders are called Press Kits, or in a business context known as Media Kits. Like mentioned in the question these provide the journalists or media outlets all the information that they may need to know on the product, service, or company, in order for them to discuss this or promote the material that is within the brochures.
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Answer: executives for whom time is very essential and important
Explanation:
From the question, we are told that the Terrafugia Transition is a 19-foot, two-seater road-drivable, light-sport aircraft with an anticipated price of $279,000.
The most likely prospective customers for this flying car would be the executives as the price could only be afforded by the rich or those at the helm of affairs in their companies.
The flying car is noted for its speed therefore the executives will consider time as a very important factor when purchasing it.
Answer:
$4,850 under allocated
Explanation:
Giving the following information:
Manufacturing overhead is allocated at 130% of direct labor cost.
The actual manufacturing overhead costs incurred in June amounted to $41,300.
Job No. 265:
Direct labor= $35,500
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 1.3*35500= $46,150
Over/under allocation= real MOH - allocated MOH= 46150 - 41300= $4,850 under allocated