Business, 28.06.2019 17:20 QueenNerdy889
The zuri co. needs to raise $66.3 million to finance its expansion into new markets. the company will sell new shares of equity via a general cash offering to raise the needed funds. the offer price is $63 per share and the company’s underwriters charge a spread of 8.5 percent. (a) what are the required proceeds from the sale necessary for the company to pay the underwriter's spread? (do not round intermediate calculations. enter your answer in dollars, not millions of dollars, e. g., 1,234,567. round your answer to the nearest whole number, e. g, (b) how many shares need to be sold? (do not round intermediate calculations and enter your answer in shares, not millions of shares, e. g. 1,234,567. round your answer to the nearest whole number, e. g. 32.)
Answers: 2
Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 19:10
The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?
Answers: 3
The zuri co. needs to raise $66.3 million to finance its expansion into new markets. the company wil...
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