Answer:
Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Explanation:
To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:
Gross proceeds = $49 * B, or $49B
Underwriter charges = 6% * $49B = $2.94B
To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:
$49B – $2.94B = $400,000,000
$46.06B = 400,000,000
B = 400,000,000 / 46.06
B = 8,684,324.79 shares, or 8.68 million shares.
Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Answer:
d. Michaela and her team create goals that balance the strengths, roles, and responsibilities of individual team members.
Explanation:
Development of team goals is most effective when the set targets are effectively being achieved by the team as a whole.
This entails that each team member contribute their own quota to the process.
The whole team is now involved in execution of planned actions.
The best statement that portrays this is: Michaela and her team create goals that balance the strengths, roles, and responsibilities of individual team members.
Answer:
The correct answer would be, Decline in Customers.
Explanation:
P.T. Barnum was a successful American promoter. He founded Ringling Bros. and Barnum & Bailey Circus in 1871. At a young age, he moved to New York and tried a lot of businesses including newspaper publishing and running a boarding house.
He started the circus in 1871 which became a huge success just because of his work plus the tactics of advertisement he used to promote his work. According to him, Decline in the customers happen without publicity. He believed that people will come to see your show only if you have attracted them enough to get them out of their houses and come to see your show through your powerful advertisements.
Explanation:
The determination of the maturity date and the interest for each notes is as follows
Contract date Maturity Month Maturity Date Interest expenses
March 19 May 18 $280
May 11 August 9 $660
October 20 December 4 $105
For March 19, the interest expense calculation is
= $28000 × 6% × 60 days ÷ 360 days
= $280
For May 11, the interest expense calculation is
= $33,000 × 8% × 90 days ÷ 360 days
= $660
For October 20, the interest expense calculation is
= $21000 × 4% × 45 days ÷ 360 days
= $105