Answer:<em> Option (E) is correct.</em>
From the given option, the following will reduce Bankston's need to issue new common stock: <em>Increase the percentage of debt in the target capital structure.</em>
With an increase in percentage of debt , there will be a proportional increase in cost of equity and thereby decreasing investment in equity. This will therefore reduce Bankston's need to issue new common stock
It cost you $85 to gas up your car this month. But last month it cost you $50. This is inflation
Answer:
Option "A" is correct. Expected amount of misstatements
Explanation:
Answer:
$122,963
Explanation:
NU furniture have a sales of $241,000
The depreciation is $32,200
The interest expense is $35,700
The costs is $103,400
The tax is $14,637
Therefore, the operating cash flow for the year can be calculated as follows
= Sales-costs-taxes.
= $241,000-$103,400-$14,637
= $122,963
Hence the operating cash flow for the year is $122,963
Answer:
A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
The correct option is B.
Explanation:
A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.
Therefore, the correct option is B.