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Serjik [45]
4 years ago
12

The Presley Corporation is about to go public. It currently has aftertax earnings of $6,500,000, and 3,000,000 shares are owned

by the present stockholders (the Presley family). The new public issue will represent 700,000 new shares. The new shares will be priced to the public at $20 per share, with a 5 percent spread on the offering price. There will also be $300,000 in out-of-pocket costs to the corporation. a. Compute the net proceeds to the Presley Corporation. (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Net proceeds b. Compute the earnings per share immediately before the stock issue. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per share c. Compute the earnings per share immediately after the stock issue. (Do not round intermediate calculations and round your answer to 2 decimal places.) Earnings per share
Business
1 answer:
m_a_m_a [10]4 years ago
8 0

Answer:A. Net proceed $13,700,000

($20*700,000)-$300,000

B. Earnings per share $2.17

$6500,000/3,000,000 shared

C. Earnings per share $1.76

$6,500,000/3,700,000 shares

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4 years ago
Your analyst team has received a request for system development that focuses on moving the current system into a new operating e
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The key source of the development requests likely to be generated to  Information system managers. Therefore the correct option is (D).

<h3>What is Information System Management? </h3>

The Information system of Management refers to the management of the data, facts, figures or information of the system in the computer by the organizations.

According to the above scenario, The system development team is focusing on the adopting the operating environment system which is adopted by the Information system managers

Therefore the correct option is (D).

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3 years ago
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How does the velocity of money affect a national economy?.
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Answer:

when the velocity of money is high, it means each dollar is moving fast to purchase goods and services. It reflects high demand,which generates more production. When the velocity is low, each dollar is not being used very often to buy things.

8 0
2 years ago
Mardee represented condo owner carol, and they signed an exclusive agency listing agreement. If carol found her own buyer, would
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If carol found her own buyer, would she owe mardee a commission option (c)i.e, No, because Carol found her own buyer.

A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary.

Employers provide a commission to entice workers, increase productivity, increase sales, and draw in new clients. In many areas, like the automotive and real estate sectors, commission-based pay is the norm for sales and marketing positions.

The complete question is:

Mardee is representing Carol in the sale of her condo, and they've signed an exclusive agency listing agreement. If Carol finds her own buyer, does she owe Mardee a commission?

a.)No, because Carol is not a real estate licensee.

b.)Yes, because they have an exclusive agency listing agreement.

c.)No, because Carol found her own buyer.

d.)Yes, but she only owes the listing commission.

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2 years ago
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