Answer:
2,010,252 Shares
Explanation:
The funds that are to be raised = $53,000,000
Spread = 7.5%
Share price = $29.00
Flotation cost with issue = 925,000
We have that:
(53000000+925000)/92.5 * 100
(539,250,000/92.5)x100
= $58297.973 x 100
= $58297297.3
The offer per share is placed at $29.00
So to get the number of shares sold:
$58297297.3 / $29.00
= 2,010,252 shares are to be sold.
Answer:
The right answer is "The public interest".
Explanation:
- Something that threatens the general public privileges, wellbeing, or finances throughout general. Public interest throughout the customer relations but mostly entanglements of central, state, as well as the national government, seems to be a legitimate issue and that of other community members.
- This doesn't specifically mean interest but seems to be a broad term often used to refer to something like the legislative body as well as the general welfare of the general public.
Answer:
Sharrod's deductible loss = stock basis + long term capital gains - cash distribution = $140,000 + $21,000 - $84,000 = $77,000
Sharrod's suspended loss = share of ordinary loss - deductible loss = $84,700 - $77,000 = $7,700
Sharrod's new basis in Kaiwan stock = $0
Explanation:
Sharrod's loss cannot be greater than his basis, that is why only $77,000 can be deducted and $7,700 can be carried forward.
Answer:
uncertain/ identifying
Explanation:
Managing risks refers to identifying any possible uncertain events and taking steps to reduce them. Risk management is a continuous process for identifying and evaluating risks.
Answer:
B) $700,000 and $ 12,000
Explanation:
The note payable is recorded on the borrowing date of October 01 2017 at its face value $ 700,000. The amount due on the maturity of the note on March 01 2018 is 720,000, thus the interest on the note is $ 20,000 for the 5 month period of the borrowing. (October 1 to March 1).
The recognition of the interest for the 3 month period October to December is calculated as under:
Total interest for 5 months $ 20,000
Interest for 3 months $20,000/5*3 = $ 12,000
So the answer is $ 700,000 and $ 12,000