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Luda [366]
3 years ago
5

A company is going to be performing an initial offering. The offering will be limited to one state. The company has no intention

of registering at the federal level. How would this offering typically be registered according the Uniform Securities Act?
[A] This company should go through the coordination process in order to register.
[B] This company should perform a notice filing with the state in which the offering is taking place.
[C] This company should go through the qualification process in order to register.
[D] This company should file with the state in which the offering is taking place.
Business
1 answer:
Marina86 [1]3 years ago
3 0

Answer:

C) This company should go through the qualification process in order to register.

Explanation:

Since this company will only offer its new shares in one state, then it can avoid the registration processes related to the federal level (Uniform Securities Act). The state level registration process is the qualification process. So this is the only process the company must follow and it will avoid the coordination process and the notice filing.

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yarga [219]

Answer:

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Explanation:

8 0
3 years ago
Read 2 more answers
2. Sunshine Bakery bakes 660 loaves of bread each day and estimates that 10% of the bread will go stale before it is
Alisiya [41]

Answer:

$0.79

Explanation:

The Bakery bakes 660 loaves of bread

The cost of baking one bread= $0.46

The total cost of baking all loaves of bread

= $0.46 x 660

=$303.60

The desired mark up is 55% of cost

=55% of $303.60

=55/100 x $303.60

=0.55 x $303.60

= $166.98

Desired revenues = $166.98 +$303.60

=$470.58

The number of sellable breads= 660 - (10% of 660)

=660-66

=594

Desired income is $470.58; sellable output is 594.

price per bread should be

=$470.58/594

=$0.79222

Price per bread = $0.79

3 0
2 years ago
On October 1, Vista View Company rented warehouse space to a tenant for $3,600 per month. The tenant paid five months' rent in a
Damm [24]

Answer:

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800

Credit Rent Revenue $10,800

Explanation:

Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made.

The tenant paid five months' rent in advance on October 1. From October 1 to December 31, Vista View Company had rented warehouse space to a tenant for 3 months.

The adjusting entry needed on December 31 is:

Debit Unearned Rent revenue $10,800  ($3,600 x 3 = $10,800)

Credit Rent Revenue $10,800

7 0
3 years ago
The account that is brought up to date after the closing entries have been journalized and posted is the ____.
yanalaym [24]

Complete/Correct Question:

The account that is brought up to date after the closing entries have been journalized and posted is the ____.

A. Sales account

B. Purchases account

C. Capital Stock account

D. Retained Earnings account

Answer:

D, retained earnings account

Explanation:

Retained earnings can be defined as the accumulated income of a firm, that is retained by firm, after a certain period of time. After a certain time could be after the reporting period.

Simply put, retained earnings can be said to be the amount of income that a firm keeps after a period such as declaring financial reports.

The retained earnings is always reported and recorded in the stakeholder's equity and the company's balance sheets respectively. Retained earnings signify or represent how much of its profits a firm has reinvested itself.

Cheers.

5 0
3 years ago
What is organization? Explain elements with definition.
SVETLANKA909090 [29]

Answer:

An organisation is a business that has grown so big that it earns a lot of money

Explanation:

7 0
3 years ago
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