Answer:
In this case, the negotiation terms are all confidential and the negotiation for the contract has still been incomplete - not signed yet.
So that when preparing the routine press announcement, the company should consider not providing too specific information, avoiding mentioning confidential details. In the announcement, they should only include information which is general and factual.
Answer:
$2,000
Explanation:
The computation of the total amount of maintenance cost is shown below:-
Total amount of maintenance cost allocated to the Carpentry Department = (Maintenance fees ÷ Total square feet) × Carpentry Department square feet
= ($12,000 ÷ 36,000) × 6,000
= 0.333 × 6,000
= $2,000
Therefore for computing the total amount of maintenance cost we simply applied the above formula.
Answer:
The correct answer is A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives.
Explanation:
The main function of a stockbroker is to provide advice to other people who do not have the necessary experience to carry out operations in the different financial markets. The stockbroker stands out for having extensive knowledge in finance and fulfilling an active and important role in the stock market. You could say that the stockbroker acts as an intermediary, that is, a person who is between the broker and the investor who is interested in buying or selling.
The stockbroker guides and advises its clients in finance so that they can obtain the best possible returns. It is also responsible for managing purchases and other operations performed by its customers. Then it can be said that the work cycle of a broker begins when one of its clients buys an asset, and ends when it sells it and definitively closes the operation.
Answer:
Increase in operating income $25,000
Explanation:
The effect of the discontinue on operating income is shown below:
Fixed overhead cost ($50,000 - $5,000) $45,000
Less: contribution margin per year -$20,000
Increase in operating income $25,000
We simply deduct the contribution margin from the fixed overhead cost so that the increase in operating income could come
Answer:
a) Maximum no. of shares that the company can issue
= Total Authorized Shares - Shares Outstanding
= 2100000 - 1400000
= 700,000
b) Number of shares to be issued to raise $44,000,000 at $55 per share
= 44,000,000 / 55
= 800,000
No, the firm would not be able to raise the needed fund.
c) The company will have to increase the number of authorized shares which would involve making amendments to its charter of incorporation. The amendments to the charter can be done only by vote of the existing shareholders.
