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2 years ago

8

Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair.

His earnings are $69,000 per year. Should you buy it?

1 answer:

Archy [21]2 years ago

8 0

No because it is to expensive and the modern outfits are changing relatively quickly

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Global Traders is offering 130,000 shares of stock to the public in a general cash offer. The offer price is $38 a share and the

Stella [2.4K]

Answer:

correct option is b. $3,679,800

Explanation:

given data

offering = 130,000 shares

offer price = $38

underwriter spread = 8 percent

administrative costs = $865,000

solution

we get here Net proceeds from sale that is express as

Net proceeds = Gross proceeds - Underwriter's spread - Administrative costs ....................1

here Gross proceeds from sale is = offering share × offer price

Gross proceeds from sale is = 130000 × $38

Gross proceeds from sale is = $49,40,000

and Underwriter's spread will be offering share × offer price × underwriter spread %

Underwriter's spread = $49,40,000 × 8%

Underwriter's spread = $3,95,200

so Net proceeds will be

Net proceeds = $49,40,000 - $3,95,200 - $865,000

Net proceeds = $3,679,800

so correct option is b. $3,679,800

7 0

3 years ago

Need help asap lol help lol lol

brilliants [131]

C, because debtors like having narrower debts.

3 0

3 years ago

Read 2 more answers

Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and i

Bess [88]

Answer:

D. Exporting Her Products.

Explanation:

As Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and is risk-averse, so she should begin with exporting her products which is the least riskiest and easiest way to enter in foreign market. Exporting is the mechanism by which you sell your products outside your country and generate profits. In this process very less risk is involved and you also need less level of investment as well. Mary can contact some sellers there and send her products to them and receive payment, hence much less risk in involved. With the help of exporting, she can also get the insights about that market's buying patterns as well that which products are in high demand there and can be sold profitably.

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3 years ago

Monetary policy theory says that when the economy is faced with inflation, the government should

pogonyaev

Decrease the supply of credit ...

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3 years ago

Pharoah Company was started on May 1. A summary of May transactions is presented as follows. 1. Stockholders invested $24,500 ca

hodyreva [135]

Answer:

1. Stockholders invested $24,500 cash in the business in exchange for common stock.

Dr Cash 24,500

Cr Common stock 24,500

2. Purchased equipment for $4,500 cash.

Dr Equipment 4,500

Cr Cash 4,500

3. Paid $200 cash for May office rent.

Dr Rent expense 200

Cr Cash 200

4. Paid $600 cash for supplies.

Dr Supplies 600

Cr Cash 600

5. Incurred $350 of advertising costs in the Beacon News on account.

Dr Advertising expense 350

Cr Accounts payable 350

6. Received $4,900 in cash from customers for repair service.

Dr Cash 4,900

Cr Service revenue 4,900

7. Declared and paid a $1,000 cash dividend.

Dr Dividends 1,000

Cr Cash 1,000

6 0

3 years ago