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zaharov [31]
2 years ago
9

Which banker would a software company most likely visit for help to raise large amounts of capital to acquire, or buy out anothe

r company
Business
1 answer:
N76 [4]2 years ago
5 0

It should be noted that the banker that would be visited to raise large amounts of capital is an investment banker.

<h3>Who is an investment banker?</h3>

It can be noted that an investment banker simply means a person that is involved in helping to raise capital for large corporations.

In this case, the banker that a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company is an investment banker.

Learn more on investment banking on:

brainly.com/question/12301548

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A customer opens a new margin account with the following position:
galben [10]

Answer:

$1,000

Explanation:

The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50

If the market value rises to $22,000, the account will show

Long market value - Debit = Equity % SMA

$22,000 - $10,000 = $12,000

Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA

7 0
3 years ago
ABC, Inc.'s income statement shows Service Revenue of $40,000, Wages Expense of $25,000 and Net Income of $1,000. The other expe
Temka [501]

Answer:

A) $14,000.

Explanation:

In the profit or loss statement, the key elements are sales and expenses and the net of these two gives the net income.

Given

Service Revenue = $40,000,

Wages Expense = $25,000

Net Income = $1,000

Total expense = $40,000 - $1,000 = $39,000

The total expense is made of the wage expense and other expenses.

Therefore, other expenses = $39,000 - $25,000

= $14,000

3 0
3 years ago
Packard Corporation reports the following information: Net cash provided by operating activities $335,000 Average current liabil
Molodets [167]

Answer:

$165,000

Explanation:

Free cash flow is the net cash cash flow available for the shareholders or for the reinvestment after paying all capital expenditure.

The Depreciation is already adjusted in the Cash Flow from operating activities.

Free Cash Flow = Cash Flow from operating activities - Dividend payment - Capital expenditure

Free Cash Flow = $335,000 - $60,000 - $110,000 = $165,000

Current and Long term liabilities has nothing to do in free cash flow calculations.

4 0
2 years ago
Work performance information and cost forecasts are main outputs of which process
Dovator [93]

Work performance information and cost forecasts are the main outputs of cost control.

<h3 /><h3>What is cost control?</h3>

It is the set of practices that assist in the control and organization of financial resources, in order to establish a budget that is a useful tool for greater understanding of income and expenses and greater coordination of the correct allocation of finances to fulfill your needs and for the achievement of objectives and goals.

In a company, cost control will help in effective positioning in the short and long term, helping to correctly understand the company's financial situation in a period, in addition to helping in the forecast of costs, expectations and planning as a whole.

Therefore, cost control is a set of tools that assists in the budget control of a company or an individual, being positive for the best organization of finances.

Find out more about budgeting here:

brainly.com/question/24940564

#SPJ1

3 0
1 year ago
Gene is a resident of Texas and has never been to Virginia. Helen wants to sue Gene in a Virginia state court regarding a breach
nata0808 [166]

The options are:

The Virginia police arrest Gene in Texas and take him to Virginia.

HThe Virginia police arrest Gene in Texas and take him to Virginia.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Answer:

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Explanation:

Since Gene is suing Gene in a Virginia State court, Gene must be served in Virginia where the court has jurisdiction. If the case was on Federal Court he could have been served in any state.

Helen has to convince Gene to come to Virginia. She can do this by calling him and saying he has won some money in Richmond, Virginia. When he is in Virginia he can now be served.

6 0
2 years ago
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