Based on the cost of purchasing the machine and the delivery and installation fees, the initial outlay is $243,250
<h3>How much is the initial outlay?</h3>
This can be found as:
= Cost of purchasing machine + Installation and delivery cost
Solving gives:
= 237,500 + 5,750
= $243,250
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Answer:
Number of shares to be issued = 60,000 units
Explanation:
<em>A private placement involves the issue of new shares to a few number of individual and institutional investors. Unlike initial public offering, here the shares are not offered to the general public.</em>
The number of units to be issued is determined as follows
Units to be issued = Total capital to be raised / issue price per share
Number of units to be raised = $1215,000/$20.25 per share= 60,000 units
Number of shares to be issued = 60,000 units
Answer:
b. accounts for a significant portion of the U.S.'s economic output
Explanation:
- The U.S economy is an economy where the main economic activity is the provision of the services rather than the manufacturing of goods and based on the growth of the services. And it accounts for a large shares of the U.S economic output of trade and commerce.
