1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mamaluj [8]
2 years ago
7

Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of

its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $530,000. How much of the proceeds would be allocated to the common stock?
Business
1 answer:
Setler79 [48]2 years ago
4 0

Answer:

$240,909

Explanation:

Given:

Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

Number of shares of $15 par value = 15,000

preferred stock having a fair value of $20 per share = $530,000

Total market value of the stocks = 10,000 × $25 + 15,000 × 20 =  $550,000

Now,

The proceeds that would be allocated to the common stock will be

= \frac{\textup{Total fair value of common stocks}}{\textup{Total maket value of the stocks}}\times\textup{Preffered value of total stocks}

= \frac{10,000\times25}{550,000}\times530,000

= $240,909

You might be interested in
Hoffman-LaRoche Ltd. and BASF AG, two international pharmaceutical companies, were ordered to pay $725 million in fines for plot
olya-2409 [2.1K]

Answer:

Political and Legal

Explanation:

Hoffman-LaRoche Ltd. and BASF AG, two international pharmaceutical companies, were ordered to pay $725 million in fines for plotting to raise and fix prices of vitamins used in virtually every home in the U.S. This is an example of how <u>political and legal</u> forces affect the marketing environment.

Business organisations operate within a political system and legal framework. Political factors determine economic policies like taxation and regulations. Business decisions are subject to, and are affected by political and legal factors.

Governments formulate a series of legislations to monitor business activities and protect consumer and social interests.

Such laws would either create new opportunities or threats for the businesses in existence.

In the Scenario above Hoffman-LaRoche and BASF AG must have violated regulations that protect consumer interests put in place by the government by wanting consumers to pay too high for such necessities as vitamins and huge fines have been imposed on them.

7 0
3 years ago
Present value computation kerry bales won the state lottery and was given four choices for receiving her winnings. receive $400,
Mekhanik [1.2K]
Option 1: PV = $400,000
Option 2: Receive (FV) $432,000 in one year

PV = FV(1/(1+i)^n), where i= 8% = 0.08, n = 1 year

PV = 432,000(1/(1+0.08)^1) = $400,000

Option 3: Receive (A) $40,000 each year fro 20 years

PV= A{[1-(1+i)^-n]/i} where, n = 20 years

PV = 40,000{[1-(1+0.08)^-20]/0.08} = $392,725.90

Option 4: Receive (A) $36,000 each year from 30 years
PV = 36,000{[1-(1+0.08)^-30]/0.08} = $405,280.20

On the basis of present value computations above, option 4 is the best option for Kerry Blales. This option has the highest present value of $405,280.20

4 0
3 years ago
Accounting subject , please help me​
suter [353]

SORRY BUT I DONT NOW

DO YOU WANT BE FRIEND WITH ME?

6 0
2 years ago
Dividends a. are the rates of return on a company’s capital stock. b. are the difference between the price and present value per
faust18 [17]

Answer:

a. are the rates of return on a company's capital stock.

Explanation:

Dividends are are earnings distributed to company's share holders as a result of the shares held by them in the company.

When a company is formed I.e company quoted on the stock exchange, they are usually financed by shareholder's fund.

A share is the unit of capital of a company allocated to an individual while a shareholder is someone who has share(s) in the company. Shareholders are owners of the company. They are also investors and so they expect returns on their investment at the end of each financial period.

These returns are paid to the share holders as dividened which are the rates of returns on a company's capital stock.

7 0
3 years ago
a publisher has orders for 600 copies of a certain text from san francisco and 400 copies from sacramento. the company has 700 c
BaLLatris [955]

The publisher wants to fill both orders at <u>the least cost is $4600</u>

<u></u>

<h3>What is publisher?</h3>

Publishers are establishing a more significant position in the customer journey as customers utilize media content to discover and explore products and brands online. Publishers are implementing ecommerce strategies that place them in a position where they can work with retailers and brands to increase conversions. And marketers are realizing the value of publisher alliances as a method to shorten the funnel.

mostly through affiliate commerce agreements with companies and retailers. However, brand-new content techniques and use cases are appearing, such as those provided by affiliate-driven online marketplaces and social commerce.

mostly through affiliate commerce agreements with companies and retailers. However, brand-new content techniques and use cases are appearing, such as those provided by affiliate-driven online marketplaces and social commerce.

Learn more about Publishers

brainly.com/question/26695020

#SPJ4

3 0
1 year ago
Other questions:
  • Matthew Liotine‘s Dream Store sells beds and assorted supplies. His best-selling bed has an annual demand of 400 units.Ordering
    7·1 answer
  • The standard materials cost to produce 1 unit of product r is 6 pounds of material at a standard price of $50 per pound. in manu
    8·2 answers
  • Which statement concerning process cost accounting is correct?  
    8·1 answer
  • Kaila, the owner of a costume shop, has a three-year strategic goal to serve 15 percent more customers and increase margins by 5
    11·1 answer
  • On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
    11·1 answer
  • Pension data for Sterling Properties include the following:
    6·1 answer
  • Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent
    13·1 answer
  • A furniture dealer purchased a desk for $150 and then set the selling price equal to the purchase price plus a markup that was 4
    6·1 answer
  • Tradable pollution permits are a:________.
    7·1 answer
  • Contribution margin ______.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!