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Veseljchak [2.6K]
3 years ago
9

Blue Stone Builders recently offered to sell 45,000 newly issued shares of stock to the public. The underwriters charged a fee o

f 8.2 percent and paid Blue Stone Builders the uniform auction price for each of those shares. Which one of the following terms best describes this underwriting?
a) Private placement
b) Best efforts
c) Public rights
d) Dutch auction
e) Market commitment
Business
1 answer:
Lady bird [3.3K]3 years ago
7 0

Answer: d) Dutch auction

Explanation:

Dutch Auction refers to a type of Public Offering in which the issuing company holds a sort of auction and receives bids on the shares that it has in. Using these bids they are able to set a price for the stock which is the highest price received.

However, the bids are based on the amount an investor can buy in terms of quantity and price. The lowest acceptable bid is then charged on all the stock and is called the Uniform auction price which is what Blue Stone paid thereby making this a Dutch Auction.

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Transactions for Ivanhoe Company for the month of June are presented below. June 1 Issues common stock to investors in exchange
beks73 [17]

Answer:

The Journal entries are as follows:

(a) On June 1,

Cash A/c Dr. $5,830

      To common stock  $5,830

(To record the issue of common stock for cash)

(b) On June 2,

Equipment A/c Dr. $1,550

       To accounts payable   $1,550

(To record the purchase of equipment on account)

(c) On June 3,

Rent expense A/c Dr. $560

      To cash                           $560

(To record the rent expense)

(d) On June 12,

Accounts receivable A/c Dr. $510

            To Welding service revenue $510

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6 0
3 years ago
Palming off: a. is the same as trademark infringement. b. requires proof of the likelihood of confusion. c. is a statutory prote
pentagon [3]

Answer:

Palming off requires proof of the likelihood of confusion,hence B is the correct option.

Explanation:

Palming off is misrepresenting someone else's product as one's.This is an offence that one can be sued for in business law.

For such cases to be acceptable to courts of appropriate jurisdiction,the claimant must proof beyond reasonable that, for instance the defendant's product can be mistaken for his.

For example. a milk  product branded as Nikki can be mistaken for another known as Nikke.

7 0
3 years ago
A management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques
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A Management Science Perspective is a management perspective that originated after World War II and used mathematics, statistics, and other quantitative tools to managing challenges.

Management science, often known as mathematical or quantitative measurement, sees management as a logical entity whose actions may be described in terms of mathematical symbols, connections, and measurement data.

The mathematical model is the key emphasis of this technique. This device may represent management and other challenges in fundamental relationships, and if a specific goal is sought, the model can be expressed in terms that optimize that goal. This method borrows heavily from decision theory and, in fact, provides several ways for rational decision-making.

Therefore, the answer is management science perspective.

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5 0
2 years ago
an investor has $50000 that she wishes to invest for her child's college expenses, which the child starts next year. The most su
dezoksy [38]

The investment option that the client should go with to pay the child's college expenses is a. treasury bills.

<h3 /><h3>Why should treasury bills be used?</h3>

Treasury bills have a short term lifespan of less than a year which means that they mature in a short period of time.

The investor can invest in treasury bills and be able to access them by the time the child starts in school the next year.

Options for the question are:

a. treasury bills

b. intermediate-term bonds maturing in 5 years

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3 0
2 years ago
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At his comic book store, Korey’s Comics, Korey sells approximately $3,250 in comic books each month. But as a comic book dealer,
Viktor [21]

Answer:

a. 1,090

Explanation:

Without any other information provided, the easiest way to answer this question is to make directly the calculations of income and costs. the logic behind this problem is to calculate all the income and substract the costs of production, in this particular case we have:

+Income: 3,250

-Cost of goods: 1,285

-Operating expenses: 875

Net Income: 1,090

6 0
3 years ago
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