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Korvikt [17]
3 years ago
10

how much will a firm receive in net funding from a firm commitment underwriting of 250000 shares priced to the public at 40 if a

10% underwriting spread has been added to the price paid by the underwriter. additionally the firm pays 600000 in legal fees
Business
1 answer:
bulgar [2K]3 years ago
5 0

Answer: $8,490,909

Explanation:

10% was added to the $40. Price firm will receive is therefore;

= 40/ 1.10

= $36.36

The firm will receive;

= (Price * number of shares) - legal fees

= (36.36 * 250,000) - 600,000

= $8,490,909.09

= $8,490,909

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Answer:

E. There is not enough information to calculate the ratio.

Explanation:

It's necessary the information about the other partner or what it's the total amount of shareholders’ equity to calculate the net income attributable to New York Times.

The only information available it's shareholders’ equity attributable to controlling interest which means there is other part which have the rest.

5 0
3 years ago
Merchandise paid for within the discount period for a Cash refund was returned. This will be recorded with a A. credit to a liab
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5 0
3 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
grandymaker [24]

Answer:

$358,150

Explanation:

Cost of goods manufactured is calculated in a Schedule of Manufacturing Costs as follows :

Cost of goods manufactured = Beginning Work In Process + Total Manufacturing Costs - Ending Work In Process

where,

Total Manufacturing Costs :

Materials used in product              $124,260

Depreciation on plant                     $69,650

Property taxes on plant                   $21,750

Labor costs of assembly-line        $120,570

Factory supplies used                     $25,810

Total                                               $362,040

therefore,

Cost of goods manufactured = $13,700 +   $362,040 - $17,590 = $358,150

8 0
3 years ago
Omega, Inc. is considering international expansion and wants to know if it is likely to command a high price for its fitness pro
baherus [9]

<u>Answer:</u> Option C

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In the other given situations the company cannot fix a higher price for the fitness products in foreign market. Other situations given are easily available products, low expected sales volume and low price of the competitors.

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