Answer:
Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Explanation:
To calculate this, let B represents the number of shares Neutrino Industries must sell. Therefore, we have:
Gross proceeds = $49 * B, or $49B
Underwriter charges = 6% * $49B = $2.94B
To raise $400 million, we deduct the underwriter charges from gross proceeds and solve for B as follows:
$49B – $2.94B = $400,000,000
$46.06B = 400,000,000
B = 400,000,000 / 46.06
B = 8,684,324.79 shares, or 8.68 million shares.
Therefore, Neutrino Industries must sell <u>8.68 million shares</u> to raise $400 million.
Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.
<h3>What is the evidence?</h3>
Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.
In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.
There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.
Thus, all the names given in the statement are of documentary evidence or credential.
Learn more about evidence from here:
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<span>Of the four rights that Kennedy mentioned, this would be the right to safety. He felt that products should be made in a way that they would not hurt someone who used it in the proper manner. The other rights he mentioned were the rights of being informed, rights to choose, and rights to be heard.</span>
Answer: The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.
Explanation:
The correct answer is 693.33333333.
