Answer: $150,000,000
Explanation:
Question is:
What were the total proceeds from the common stock sale?
Total proceeds refer to the total amount that the sale of the stock generated. This means that you should not account for the underwriting fees as of yet but just the amount that came in.
= Number of shares sold * price per share
= 3,000,000 * 30
= $150,000,000
Answer:
buying a franchise of a well-established restaurant.
Explanation:
A franchise business model is a business arrangement where the owner or 'franchisor' sells the rights of a business to ' franchisee' who operates an independent outlet. The rights that a franchisee acquires include business name, logo, business and operating models. Examples of known franchises are MacDonald, subway, and Starbucks.
The biggest advantage Eduardo will gain by purchasing a franchise is that he will get instant access to a well-established brand name. Eduardo does not need to spend resources on creating a name, or products to introduce to customers. An established franchise will provide him with customers, a management model, and a chance to succeed.
If Simone tells Rural Investments Inc. that the land she is trying to sell them will be worth twice a much next year she is giving an estimate or an opinion of that. There is not factual evidence presented to state that the 300-acre farm is going to be worth more in upcoming years. The farm can also depreciate and lose value, so there is no way to truly know until it comes time to sell the land.
That depends from culture to culture. Some associated it with wildlings or with "uncivilized" Arabian cultures from Northern Africa, while others found it impractical as they were in the military or were in a religious order. Buddhist monks for example shave their heads completely due to their beliefs, while others cut of their hair for army reasons.