Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the va
lue of the stock. Accounting fees were $450,000, legal fees were $1,225,000, printing costs were $275,000, and other selling expenses were estimated to be $300,000. To the nearest dollar, what net proceeds did Universal Waste Disposal receive?
The proceeds that UWD received will be as follows: Number of shares 1,350,000 share price $24.62 Amount realized from the shares: 1,350,000×24.62 =33,237,000
Total amount to be deducted will be: (Commission+Accounting fees+legal fees+printing costs+selling expenses) commission=$1,661,850 Accounting fees=$450,000 legal fees=$1,225, 000 printing cost=$275,000 selling expenses=$300,000
According to Ken Guest's research on Chinese restaurants in the United States, the network of services, businesses, and smugglers supporting these restaurants would MOST accurately representthe bridge element in a new migrant's pathway from China.
<h3>Who is Ken Guest?</h3>
God in Chinatown: Religion and Survival in New York's Evolving Immigrant Community, by Kenneth J. Guest, is a professor at Baruch College and the author of God in Chinatown.
Religion and Survival in New York's Evolving Immigrant Community (2003).
His research is primarily concerned with China, New York City, immigration, religion, and transnationalism.
He has undertaken research in both China and the United States.
According to Ken Guest's research on Chinese restaurants in the United States, the network of services, enterprises, and smugglers that support these restaurants represents the most accurate bridge factor in a new migrant's trip from China.
Therefore, according to Ken Guest's research on Chinese restaurants in the United States, the network of services, businesses, and smugglers supporting these restaurants would MOST accurately representthe bridge element in a new migrant's pathway from China.
A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.
There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.
Other periods of a business cycle may include peak, trough etc.
Option D. Building new core competencies to create and compete in markets of the future.
Explanation:
The market entrants when enter they don't have any share of market. To attain the market they bring with them uniqueness in their product which the rival companies cann't offer. For this reason, many existing companies try to add additional capabilities and competencies in its existing strengths. This uniqueness achieved gives a competitive advantage which means the correct option is option D.
