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Marrrta [24]
3 years ago
9

g An investment bank agrees to underwrite an issue of 5 million shares of stock for Longard Corp. (1). If the investment bank un

derwrites the stock on a firm commitment basis, it agrees to pay $15 per share to Longard Corp. for the 5 million shares of stock. It can then sell those shares to the public for $20 per share. How much money does Longard Corp. receive
Business
1 answer:
Genrish500 [490]3 years ago
6 0

Answer:

Longard Corp.

The money that Longard Corp. receives is:

= $75 million.

Explanation:

a) Data and Calculations:

Number of shares issued = 5 million

Investment bank underwriter pays per share to Longard Corp = $15

Stock price to the public = $20 per share

Total amount received from the underwriter = $75 million ($15 * 5 million)

b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer.  It then charges $5 per share (representing a total underwriting fee of $25 million).  This is why it remits only $75 million to Longard Corp.

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Impact of population growth on environmental degradation​
larisa [96]

Answer:

Explanation:

Population growth may be described in simple terms as the rate at which the number of people residing in a particular country is increasing or multiplying. Some states or countries have a higher population figure than the other and also higher rate of growth. As population increases, the resources available to people in that community suffers as the burden will also grow. The environment also will also take its own share of the effects as overcrowding seems to creep in together with increased burden on environmental resources and infrastructure. If proactive measures aren't taken in other to boost resources and infrastructure as indaquate handling of population growth will almost always result in environmental and infrastructure degradation or decline.

6 0
2 years ago
PC​ Solutions, Inc. provides services to corporate and individual customers. During the month of​ June, the corporate business s
lord [1]

Answer:

The contribution margin from each customer of the individual business segment is $24.75

Explanation:

Contribution margin from each customer of the individual business:

Customers = 400

Revenue = $35000

Variable cost = $25100

Total Contribution margin = Revenue – Variable cost

                                            = $35000 - $25100

                                            = $9900

Contribution margin from each customer of the individual business :-   = Total Contribution margin/customers

= $9900/400

= $24.75

Therefore, The contribution margin from each customer of the individual business segment is $24.75

3 0
3 years ago
If the complement of a probability p'(x) = 0.25, what is the probability
professor190 [17]

The answer is 0.75.

When taking the compliment, remember it is always of the form :

<u>1 - p'(x) or 1 - p(x)</u>

Hence,

  • 1 - 0.25
  • 0.75
3 0
1 year ago
Ben is reviewing a chart that shows all of the employees at his company. This document includes information about who reports to
aivan3 [116]

Answer: Organization chart

Explanation:

The organization chart is a diagram that shows the relation among the employees in an organization. The organization chart is also used to show the relationship that exists between the departments in an organization or and also shows their functions.

Organization chart can be used as a management tool that is used for planning purposes, and can also be used as a personnel directory.

The purpose of an organization chart is to illustrate the chais of command and reporting relationships that exist within an organization.

8 0
3 years ago
Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selli
attashe74 [19]

Answer:

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

Explanation:

The computation as per given question is given below:-

Variable cost per unit

= $48 + $65

= $113

Contribution margin per unit

= $240 - $113

= $127

Unit Monthly sales

= 1,500 + 240

= 1,740

Total contribution margin

= 1,740 × $127

= $220,980

Total contribution margin

= 1,500 × $192

= $288,000

So, change in total contribution margin and net operating income

= $288,000 - $220,980

= $67,020

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

6 0
3 years ago
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