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3 years ago

In which market does a company's initial public offering (IPO) occur?

Business

1 answer:

kirza4 [7]3 years ago

7 0

Answer:

A primary

Explanation:

The operations of the capital markets are categorized into primary and secondary markets. The primary market is where enterprises sell new bonds and equity to the public for the first time. A good example is the initial public offering (IPO). An IPO is a process of issuing out new shares of a corporation to the public for the first time.

The primary market is for new shares, bonds, and other money market securities issued for sale for the first time.

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Trek Cycles estimates the production of the model X-1 will incur an overhead of 150,000 machine hours and cost $30,000. It takes

Lelechka [254]

Answer:

Unitary cost= $11.2

Explanation:

Giving the following information:

Estimated overhead= $30,000

Estimated machine-hours= 150,000

It takes 6 machine hours per bicycle, a direct material cost of $5 per bicycle, and direct labor of $5 per bicycle.

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 30,000/150,000

Predetermined manufacturing overhead rate= $0.2 per machine hour

Now, we can determine the unitary cost:

Unitary cost= 5 + 5 + 0.2*6= $11.2

3 0

2 years ago

A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen

charle [14.2K]

Answer:

Explanation:

According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.

In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40

3 0

3 years ago

Noreen is deciding whether to purchase Sport-Ease sneakers or a store brand. She has purchased other Sport-Ease shoes in the pas

Masja [62]

Answer:

C. greater perceived value.

Explanation:

.................

6 0

3 years ago

Akers Company sold bonds on July 1, 20X1, with a face value of $100,000. These bonds are due in 10 years. The stated annual inte

Taya2010 [7]

Answer:

$76,620.83

Explanation:

According to the scenario, computation of the given data are as follows

Future Value (FV) = $100,000

Rate of interest = 10% yearly

Rate of interest (Rate) = 10%÷ 2 = 5% semiannually

Number of period (Nper) = 9 × 2 = 18

Face value = $100,000

Payment (pmt) = $100,000 × (6%÷2) = $3,000

By putting the value in excel present value formula, we get,

PV = $76,620.83

Attachment is attached below

6 0

2 years ago

If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _

sukhopar [10]

Answer:

The correct choice is D

6 0

2 years ago