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Maslowich
3 years ago
9

Ecclestone Corporation plans to go for an initial public offering and, therefore, seeks the help of an investment bank in issuin

g the new securities. The bank agrees to help the company in finding potential buyers and providing advice on the pricing of the securities. However, the bank does not guarantee that it will accomplish the task of selling all of the company's securities at a high price. In this scenario, the investment bank is using a _____ approach.
A. partial risk factor
B. best efforts
C. firm commitment
D. value investing
Business
1 answer:
NARA [144]3 years ago
5 0

Answer:

The answer  is: B) best efforts approach

Explanation:

To understand the best efforts approach we should about our PE coach that always insisted that the important thing was to give our best and off course it was better if we won, but if we didn't at least we tried real hard.

In this case the best efforts includes a legal contract between Ecclestone and their investment bank by which the bank agrees to do their best effort in selling the stocks at the highest possible price.

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Mr. Porter sells 10 bottles of champagne per week at a price of $50 per bottle. He can sell 11 bottles per week if he lowers the
sergey [27]

Answer:

See below.

Explanation:

Solve for bottles at $50:

10 × 50

$500 per week

Solve for bottles at $45:

11 × 45

$495

Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.

8 0
3 years ago
Which of the following types of employees possesses high commitment and low task performance but perform many of the voluntary "
Gala2k [10]

Answer:

D Citizens.

Explanation:

Citizens are the employees that responds to the negative events(events that are not related to their work) because they want to remain a part of the organization but they don't posses the credibility that required to change.

Citizens are the employees that do little things showing around the new employees.

3 0
3 years ago
On July 15, 2021, the Nixon Car Company purchased 2,100 tires from the Harwell Company for $40 each. The terms of the sale were
SOVA2 [1]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are shown below:

On July 15

Purchases (2,100 × $40)      $84,000

          To Accounts Payable    $84,000

(Being the purchase is recorded)

On July 23

Account payable $84,000

           To Purchase discount  $2,520   ($84,000 × 3%)

            To Cash $81,480

(Being the payment is recorded)

On August 15

Account payable $84,000

   To cash $84,000

(Being the payment is recorded)

7 0
4 years ago
A human service worker has to get a plan of action for a juvenile offender she discovers you skipped a couple of counseling sess
Annette [7]
Yes I do have it on the
8 0
3 years ago
The annual output and prices of a 3-good economy are shown in the table below. instructions: enter your answers as whole numbers
Alex777 [14]

In getting the GDP or Gross Domestic Product for year 1 and year 2, you should multiply the price to the quantity of goods sold and add them all up.

 

For GDP Year 1

 

Given:

 

Quarts of Ice Cream with a price of $6 and 4 quantity of goods.

 

Bottle of Shampoo with a price of $5 and 2 quantity of goods.

 

Jars of Peanut butter with a price of $3 and 4 quantity of goods.

 

= (6 x 4) + (5 x 2) + (3 x 4)

 

= $46

 

For GDP Year 2, the same products with different price and quantity.

 

= (6 x 6) + (5 x 3) + (3 x 3)

 

= $60

3 0
3 years ago
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