Business, 07.02.2022 19:30 genyjoannerubiera
Wilderness World (WW) plans to raise $93 million needed to pay bills by issuing new debt. To issue the debt, WW must pay its investment banker a fee equal to 2 percent of the total issue. The company estimates that other expenses associated with the issue will total $590,000. If the face value of each bond is $1,000, how many bonds must be issued so Wilderness receives $93 million after paying all issuing (flotation) costs? Assume that the firm cannot issue a fraction of a bond. Round your answer to the nearest whole number.
Answers: 3
Business, 22.06.2019 04:30
Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jenniferโs home practically disappears. she will not need to pay insurance anymore.
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Business, 22.06.2019 05:50
Which is one solution to levy the complexity of the global matrix strategy with added customer-focused dimensions?
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Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. โ exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) โ na = (360 ) (360 ) oa b. na = (360 ) + 360 360 โ na = 360 na c. (360 ) = na + (360 ) (360 ) โ na = (360 ) na d. na = (360 ) + 360 360 โ na = 360 na
Answers: 1
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
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Wilderness World (WW) plans to raise $93 million needed to pay bills by issuing new debt. To issue t...
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