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galina1969 [7]
3 years ago
8

He commenced business with Rs 60000 cash and goods worth Rs 20000 .(Journal entries) ​

Business
1 answer:
vitfil [10]3 years ago
8 0

Answer:

extra Rs 40000 remaining after subtracting 20000 from

60000,the reminder is 40000.

plus what's the question i just guessed the question,cause the was no visible Q!

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The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $15.90 for each of the 25 million shares s
Studentka2010 [4]

Answer:

22.38%

Explanation:

Raven corporation has just gone public

They received $15.90 for each 25 million shares that was sold

The first step is to calculate the net amount raised

Net amount that was raised= 15.90×25,000,000 = 397,500,000

397,500,000-860,000-330,000

= 396,310,000

Underwriter spread= 17.50-15.90

= 1.6 per shares

Total underwriter spread= per share spread× number of shares that were offered

= 1.6×25,000,000

= 40,000,000

Total direct costs= 40,000,000+860,000

=40,860,000

Indirect flotation cost= indirect cost+price appreciation

= 330,000+(19.40-17.50)×25,000,000

= 330,000+1.9×25,000,000

=330,000+47,500,000

= 47,830,000

Total flotation cost= 47,830,000+40,860,000

= 88,690,000

Therefore, the flotation cost as a percentage of funds raised can be calculated as follows

= 88,690,000/396,310,000 × 100

= 0.2238×100

= 22.38%

Hence the flotation costs as a percentage of funds raised is 22.38%

3 0
3 years ago
Gil owns a life insurance policy that he purchased when he first graduated college. It has a $100,000 death benefit and Gil pays
Julli [10]
C. individual life insurance
100% positive
8 0
3 years ago
Read 2 more answers
Cheyenne Corp. had the following transactions during the current period.
Soloha48 [4]

Answer:

Mar. 2 Issued 4,000 shares of $4 par value common stock to attorneys in payment of a bill for $21,200 for services performed in helping the company to incorporate.

Dr Incorporation expenses 21,200

    Cr Common stock 16,000

    Cr Additional paid in capital - common stocks 5,200

June 12 Issued 56,400 shares of $4 par value common stock for cash of $305,500.

Dr Cash 305,500

    Cr Common stocks 225,600

    Cr Additional paid in capital - common stocks 79,900

July 11 Issued 1,950 shares of $100 par value preferred stock for cash at $130 per share.

Dr Cash 253,500

    Cr Preferred stocks 195,000

    Cr Additional paid in capital - preferred stocks 58,500

Nov. 28 Purchased 2,560 shares of treasury stock for $78,500.

Dr Treasury stocks 78,500

    Cr Cash 78,500

Treasury stocks account is a contra equity account which decreases the value of stockholders' equity.

8 0
3 years ago
Price inflation:_______.
expeople1 [14]

Answer:

c. courages investment by increasing the uncertainty about future returns

Explanation:

Inflation refers to the increase in the price level of the goods

The price inflation reflects that there is a rise in the price of the goods and services over a particular period of time lets say for one year. It can arise when the raw material cost during the process of production increased that push the price in upward

It also increased the uncertainty with respect to the future returns through investment

Hence, the correct option is c.

5 0
3 years ago
Al can make 10 chocolate and 5 candies a year and Betty can make 30 chocolate and 10 candies a year.
Aleonysh [2.5K]

Answer:

1. Betty ; 2. Betty ; 3. Candies

Explanation:

Absolute Advantage is when one can produce more output of a good per unit of input , comparatively than other .

Comparative Advantage is when one can produce a good's output by comparatively lesser opportunity cost (other good sacrifised) than other .

AI : Chocolates = 10 , Candies = 5

Betty : Chocolates = 30 , Candies = 10

As it can be seen : Betty can produce both of more - chocolates (30) & candies(10) than AI (10,5) . So, it has Absolute Advantage in both - Candies & Chocolates.

However, AI is twice more productive in chocolates than toffees (10,5) ; but Betty is thrice more productive in chocolates than toffees (30,10). Comparatively, Betty is more productive in Chocolates. So opportunity cost of Chocolate in terms of sacrifised toffees is less for Betty 0.33 (10/30) than AI 0.5 (5/10).

So, trade between them would be : Betty selling its comparative advantage good Chocolate , AI selling its less comparative disadvantage good Candies.

6 0
3 years ago
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