Answer:
2,557,065 shares
Explanation:
Offer price = $30 per share
Underwriters Charge : 8%
If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:
offer price x (1 - underwriters charge)
= $30 × (1 - 0.08) = $27.60
The number of shares that needs to be sold will be:
= 2,557,065.217
≈ 2,557,065
Therefore number of shares to be issued will be = 2557065 shares
Answer:
$2,880
Explanation:
US GAAP requires companies to value their inventories at lower of cost or net realizable value.
so we calculate both:
- the cost = 8 x $530 = $4,240
- the net realizable value = 8 x $360 = $2,880
Since the net realizable value is lower, then the computers must be recorded at that price.
Answer:
A) mutually exclusive
Explanation:
Two projects are mutually exclusive if they cannot occur at the same time.
I hope my answer helps you
Transverse is a plane you could use to section a four legged chair without it falling over. This plane is also called axial plane, or transaxial plane, the horizontal plane. It is an imaginary plane that divides the body into superior and inferior parts. It is perpendicular to the sagittal plane and coronal plane.
