Answer:
183,333.33 shares
Explanation:
The computation of the shares of stock need to be sold is shown below:
= Total amount required to expand its current operations ÷ subscription price
= $3,300,000 ÷ $18 per share
= 183,333.33 shares
This is the answer and the same is not provided in the given options
We simply divide the Total amount required to expand its current operations by the subscription price so that the accurate shares can come.
All other information which is given is not relevant. Hence, ignored it
Explanation:
1. Working "off of books involves working within the underground economy, in which government economic activities are hidden to avoid taxation or laws, or in which products and services are sold illegally.
2. As the government is shielded from activities within the informal economy, they would not be included in GDP figures.
3. If GDP is calculated accurately, the government will find it difficult to set strategies to accomplish macroeconomic objectives. Normally, the government does not receive tax revenue from illegal sales. This could result the government to raise taxes on non-underground company individuals and companies, thus prohibiting their jobs, saving and investment.
Answer:
So is ; There is much similarity between human actions and natural actions, there will always be a consistent response.
Explanation:
It could be said that in each of those questions that invite reasoning they have the same answer; that's the way it is forever ... When one undertakes a project like making or making a house, one has a clear objective to carry it out and that it remains firmly established for a long time or forever, of course if other external factors allow it.
Now, in processes as natural as in the growth of a river, it is expected that at any given time, whether due to winter, it will result in flooding, so we could say that any objective or subjective action always has a consequence.
Answer:
Break-even point in units= 100,000 units
Explanation:
Giving the following information:
Your variable costs to produce each bottle is $1.
Your fixed costs are $100,000/year.
How many bottles must you sell at $3/bottle to cover your fixed costs and earn your target profit of $100,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
<u></u>
Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit
Break-even point in units= (200,000) / (3 - 1)
Break-even point in units= 100,000 units
