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7nadin3 [17]
3 years ago
10

ABC Corporation stock is being sold in a primary offering. The total offering is $10,000,000, of which $7,000,000 is allocated t

o the syndicate and $3,000,000 is allocated to the selling group. The public offering price is set at $10.00 per share. The issuer received $9.00 per share from the underwriters. The management fee has been set at $.10 per share; the selling concession is $.30 per share. A syndicate member sells to a selling group member. How much will the syndicate member earn per share?
Business
1 answer:
docker41 [41]3 years ago
3 0

Answer:

The syndicate member will earn $0.60 per stock

Explanation:

The syndicate member will receive the stock with a basis of $9.10 per stock, $9 for ABC plus $0.10 management fee. The syndicate member resells the stock at $10 each, but must give a $0.30 concession to the selling group.

Earnings per stock = $10 - $9.10 - $0.30 = $0.60 per stock

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A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.006 for each fastener manufactured. A newer
ycow [4]

Answer:133333 units

Explanation:

Given

For First machine

Setup cost=$ 1100

unit cost =$ 0.006

For new machine

Setup cost=$ 1700

unit  cost=$ 0.0015

Let x units be manufactured .

for Break even point

First machine manufacturing cost=New machine manufacturing cost

1100+(0.0060)x=1700+(0.0015)x

(0.0045)x=600

x=133333.333\approx 133333 units

5 0
3 years ago
The federal government passes a law which a company, JuneCorp, feels unjustifiably discriminates against the company and harms i
malfutka [58]

Answer:

A.Equal Protection Laws

Explanation:

a.Equal Protection Laws

this principle guarantees equal rights and privileges to all citizens and entities under US constitution.

Whereas option c and d are concerned with criminal court proceedings and option B is of freedom of religion principle

4 0
3 years ago
Read 2 more answers
Suncoast Healthcare is planning to acquire a new x ray machine that costs $200,000. The business can either lease the machine us
miskamm [114]

Answer:

a. what is Suncoast's current debt ratio?

debt ratio = liabilities / equity = $400,000 / $600,000 = 0.67

b. what would the new debt ratio be if the machine were leased? if it is purchased?

if X-ray machine is leased, debt ratio = $400,000 / $600,000 = 0.67

if X-ray machine is purchased, debt ratio = $600,000 / $600,000 = 1

c. is the financial risk of the business different under the two acquisition alternatives?

yes, because a higher debt ratio means that the company is under a higher financial stress since it has more outstanding loans, which increases the financial risk.

7 0
3 years ago
If XYZ invested $5,800 today in an account that is expected to earn 3.2 percent per year, and she expects to make another invest
ira [324]

Answer:

The answer is "$8,160.08".

Explanation:

A= \text{future value} = \$ 15,000 \\\\P= \text{present value}= \$ 5,800  \\\\r=\tex{rate} =3.2 \%\\\\n= \text{time in years} = 4

Using formula:

A=P(1+ \frac{r}{100})^n + \text{Investment in 3 years} \times (1.032)\\\\15,000=5,800 (1+ \frac{3.2}{100})^4 + \text{Investment in 3 years} \times (1.032)\\\\15,000=5,800 (1+ 0.032)^4 + \text{Investment in 3 years} \times (1.032)\\\\15,000=5,800 (1.032)^4 + \text{Investment in 3 years} \times (1.032)\\\\

15,000 = 5,800 \times 1.13427612  +\text{Investment in 3 years} \times (1.032)\\\\15,000=6,578.8015 + \text{Investment in 3 years} \times (1.032)\\\\\text{Investment in 3 years} = \frac{(15000-6578.8015)}{1.032}\\\\\text{Investment in 3 years} = \frac{8,421.1985}{1.032}\\\\\text{Investment in 3 years} = 8,160.07607\\\\ \text{Investment in 3 years} = 8,160. 08

6 0
3 years ago
Describe at least three other investments you want to make with your income either now or someday in the future. Explain why you
const2013 [10]
 <span>Don't invest in stock, period. Look up Options....Options are successful in a bearish and bullish market. As opposed to stocks are only in bullish markets. NEVER go in it for the long haul! Plain and simple.</span>
8 0
3 years ago
Read 2 more answers
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