<span>Reserves fall by $1,000, checkable deposits fall by $10,000, and the monetary base remains uncharged.</span>
Answer:
The price per share of equity is $37.083
Explanation:
The first capital structure is purely equity based and Guld Shores will sell 300000 shares at price x to raise the needed capital.
The second structure is a mixed or leveraged structure where both debt and equity components are involved. The capital that needds to be raised remains constant.
Gulf has to give up 300000 - 252000 = 48000 shares and raise 1.78 million dollars from debt. We assumed that the amount that Gulf will raise is the ame from both th structures. Then 48000 shares at price x are equal to $1.78 million debt.
So, Price per share of equity is,
1,780,000 = 48000x
1780000 / 48000 = x
x or price per share = $37.083
Answer:
Product
Explanation:
When a person is developing a plan, he must understand the product he is selling.
He can only develop an effective plan if he knows the complete dimensions of the product at hand. An incomplete understanding would lead to developing an ineffective plan that might create the wrong perception of it in the minds of the consumer and eventually effect the sales negatively or maybe engage the wrong market in the process.
Answer:
Correct answer is option A
$0
Explanation:
In case of non-statutory stock option, income which is fair market value less any cost incurred for stock options, is included when the stock options are exercised.
Answer:
D. $144
Explanation:
With this method the last merchandise entered is the first to come out of existence.
At the time of the sale of May 20, the situation was as follows.
5/3 Purchase 5 units $20
5/10 Sale 3 Units
5/17 Purchase 10 units $24
5/20 Sale 6
The cost of selling these 6 units corresponds entirely to the cost of the purchase of May 17.<em> It does not matter that there</em> are still 2 unsold units of the previous purchase in the warehouse since we are using the LIFO method. So 6 units x $24 = $144
