Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.
The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.
The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.
- Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
- It is also a general service agreement term used in place of a firm deliverable commitment.
- The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.
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Answer:
Organizing.
Explanation:
As Joanna is a manager at TravelWorld. She has set up a committee to develop procedures for dealing with company-wide training needs and assigned people to conduct specific training programs. Joanna is engaged in organizing management function. In organizing function, effective managers arrange the work to achieve the defined organisational goals. Managers perform the organizing function when they organize and determine the particular tasks which are required to be done, who would be doing what, grouping the tasks, who will be reporting to whom and who is going to make the decisions accordingly.
Answer:
b. $392000.
Explanation:
The computation of the inventory balance reported on the balance sheet is shown below:
<u>Product Cost Net realizable value Lower value
</u>
A $128000 $134000 $128,000
B $90,000 $85,000 $85,000
C $179,000 $181,000 $179,000
Total $392,000
Answer:
The correct answer is operational structure.
Explanation:
The business supply chain is the organizational structure that allows the client-supplier integration through the departments, areas and functions that generate and transform a good or service, to be delivered to an end customer according to consumer requirements and standards of the market.
In organizations the supply chain integrates the functional areas:
- Storage of raw material, supplies, equipment, spare parts, inventory in process and finished product.
- Transportation and distribution of raw material from suppliers; from raw material to commercial customers and final consumers; team, technology and human resources.
- Innovation and supply planning; integrates demand gliders, operation training, input resources, raw materials. It includes activities related to purchases, negotiation and payments to suppliers.
- Areas that manage relationships with third parties for outsourced specialized service providers.
Answer:
The answer is A. High performance work system
