Answer:
Describe through the use of T accounts the birth & growth of the Wahoo Bank is explained below in detailed explanation.
Explanation:
Equipoise T-accounts is one of the more complex and mind gobbling something for many accounting scholars. In this lesson, we're going to discover specifically how to balance a T-account. Surely, by the time you've completed this exercise, this action will be more relaxed for you than ever since. The last portion of the T-account that we require to meet is its amount. An account’s amount is the value of that object at a precise point in time.
In a T-account, we determine the balance of the matter at the origin of the term (month or year) and the conclusion of the period.
Answer:
<u>Break-even Sales:</u>
Remo Company $128,346.17
Angelo Inc. $201,649.86.
Explanation:
Break-even Sales is the dollar amount of revenue at which there will be neither Profit nor Loss. In other words, it a Point at which Contribution Margin is equal to Fixed Costs. The Formula to Calculate Break-even Sales is:
Fixed Cost / Contribution Margin Ratio
where
Contribution Margin Ratio is Sales less Variable Expenses, and expressed as a percentage of Sales.
Remo Company
Contribution Margin Ratio = 75,000 / 275,000 = 27.27%
Break-even Sales = 35,000 / .2727 = $128,346.17
Angelo Inc.
Contribution Margin Ratio = 150,000 / 275,000 = 54.55%
Break-even Sales = 110,000 / .5455 = $201,649.86.
Answer: Initial public offering
Explanation:
The Securities Act regulates offers and sales of securities in the United States or that use the means of interstate commerce, such as the internet, U.S. telephone lines or the U.S mail. For offerings to the public, the Securities Act generally requires the company to file a registration statement containing information about itself, the securities it is offering and the offering. The SEC staff reviews these registration statements to see if the SEC’s disclosure rules are satisfied. The SEC does not evaluate the merits of securities offerings, or determine whether the securities offered are "good" investments or appropriate for a particular type of investor. Once the review is completed, the staff declares the registration statement “effective,” allowing it to be used to complete sales to investors.
An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.