g An investment bank agrees to underwrite an issue of 5 million shares of stock for Longard Corp. (1). If the investment bank underwrites the stock on a firm commitment basis, it agrees to pay $15 per share to Longard Corp. for the 5 million shares of stock. It can then sell those shares to the public for $20 per share. How much money does Longard Corp. receive
Answers
Answer:
Longard Corp.
The money that Longard Corp. receives is:
= $75 million.
Explanation:
a) Data and Calculations:
Number of shares issued = 5 million
Investment bank underwriter pays per share to Longard Corp = $15
Stock price to the public = $20 per share
Total amount received from the underwriter = $75 million ($15 * 5 million)
b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer. It then charges $5 per share (representing a total underwriting fee of $25 million). This is why it remits only $75 million to Longard Corp.
Related Questions
What is cost opportunity in firm
Answers
Answer:nah
Explanation:
What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?
Answers
Answer:
ez points
One scenario that may prompt an investor to "play it safe" in investing due to the law of diminishing returns is when they have already achieved a high level of returns and the growth rate of their investment starts to slow down significantly. This could be a signal that the investment has reached a point where the additional benefits or returns from allocating more resources to it may be diminishing. In such cases, the investor may choose to take a more conservative approach to protect their gains and avoid potential losses. This could involve reducing exposure to higher-risk investments, diversifying their portfolio, or gradually shifting towards more stable and conservative investment options. By recognizing when the law of diminishing returns is at play, an investor can make informed decisions to safeguard their investments and financial well-being.
recipients of controlled circulation magazines must pay a subscription price to receive the magazine.
Answers
According to the question the publisher mails the magazine free to individuals who the publisher thinks can influence the purchase of advertised products.
What's a short way to define "product"?There are both real and virtual ones. Durable things such as automobiles, furnishings, and computers and non - durable items are examples of physical products like food & beverages.
What needs do products have?Customers must be able to solve their problems or fulfill their desires for any service or product to be successful. Each customer is given a specific spending cap that they can utilize to make purchases of goods or services. Your good or service must provide a practical response to the demand that your clients are trying to fill.
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Which of the following improves itself by learning from new data without being explicitly programmed?
Machine learning
Descriptive statistics
Cluster analysis
Traditional data exploration
Answers
Machine learning improves itself by learning from new data without being explicitly programmed.
Machine learning is a subfield of artificial intelligence that involves the development of algorithms and models that can analyze and learn from data, make predictions or decisions, and improve their performance over time. Machine learning algorithms can be trained using large datasets, and they can automatically identify business patterns, relationships, and insights from the data. This ability to learn and improve from new data without being explicitly programmed is one of the key advantages of machine learning over traditional data exploration methods. Descriptive statistics, cluster analysis, and traditional data exploration are important tools for analyzing and understanding data, but they do not have the ability to learn from new data in the same way that machine learning algorithms do.
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In what ways are retail banks, credit unions, and online banks different?
Answers
Answer:
The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees
The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.
Online banks are those that have internet-based services such as e-loans, and all electronic transactions. It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public. They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.Learn more about the ways are retail banks, credit unions, and online banks different.
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this is not only a value in itself but a value that guarantees other values. a. patience. b.fairness. c.respect. d integrity
Answers
Answer: Integrity
Explanation:
Integrity isn't only a value in itself but a value that guarantees other values. Integrity means to be true to ones values and act in accordance to those values.
A person with integrity has ethical principles and always does the right thing. Employees like people who have integrity Workers build relationships based on integrity.
Which of the following locations can NOT be insulated to promote energy conservation?
Windows
Walls
Balcony
Roof
Answers
Answer:
balcony
Explanation:
its outside itd be a waste of the energy
why, do you think ,do banks and ther financial institutions offer cash loans to people that did nt apply for it?
Answers
Answer:
This is the "pre-approved" loan issuing model.
Explanation:
This is a sales/marketing effort, in which access to credit is facilitated by providing potential consumers with a pre-approved offer. Normally, there is some study/intelligence behind (socio-economic and other factors) before people in a certain area would receive these offers. This makes people "believe" that they are closer to getting a loan due to the pre-approved nature of the offer, but this is just to catch their attention and turn this into a "sale" for the bank. Sometimes, people would only consider getting a loan if they already received an offer.
Which word names the way the different parts of language are arranged?
Gramma
Pronunciation
Structure
Diction
Answers
What is Push marketing communication
Answers
Answer:
The goal of push marketing is to bring what you offer to customers through your marketing. For instance, you can push your products via marketing content on social media. Also known as direct marketing, push marketing is a form of general advertising.
Explanation:
Direct selling to customers – e.g., a car salesman who meets customers in the company's auto showrooms. Point of Sale displays (POS) Trade show promotion. Packaging designs to encourage a purchase.
PLS HURRY I AM ON A TIMER! what types of people can you learn from on Twitter?
A.Only professors
B.Only industry experts
C.Only fellow students
D.Anyone interested in the topic
Answers
Answer:
D.Anyone interested in the topic
Explanation: hope this helps
Websites are hosted on a server and each of these servers has its own unique IP address. What does the 'IP' stand for?
A
Internet Position
B
Internet Placement
C
Internet Privatisation
D
Internet Protocol
Answers
'IP' stand for Internet Protocol.
Internet Position : This is not a general concept. However, it is mainly used by his ISP service. The towers seen in our city work with Internet locations. Mobile phones get better network speeds depending on their internet location.
Internet Placement: This means turning on airplane mode will change your mobile IP. This is why it is published online. This process runs when you turn off your phone.
Internet Privatisation : Simply put, privatization of the Internet starts working when you change your DNS servers. When we are private on the internet with a VPN, we are the privatizer of the internet.
Internet Protocol: This is one of the most important things for every website and Internet user. Anyone who connects to the internet on their device has an IP address. Simply put, an internet-connected device provided a specific IP. The website also has its own IP. Because of this, you can access the Internet.
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Craig values coruage. Being blank and blank are important to him
Answers
Craig values courage. Being brave and honest are important to him.
What values will a courageous person have?A person who is courageous is able to face very frightening events and occurrences with little fear and even if they had fear, they would still face the situation. This is because courageous people are brave in their conduct and manner of behavior.
Being honest is also important to courage people because it can sometimes be very difficult to be honest with the people around you. This therefore means that with Craig valuing courage, honesty and bravery are important to him as well.
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What are the 7 steps of a business plan?
Answers
Executive Summary
Company Description
Products and Services
Market analysis
Strategy and Implementation
Organization and Management Team
Financial plan and projections
Which of the following are examples of sociocultural factors? (Check all that apply.)
Multiple select question.
an increased demand by consumers for gluten-free products
the growth of the Hispanic population
the widespread adoption of smart phones
an extended period of low interest rates
Answers
The term Hispanic refers to people, cultures, or countries related to Spain, the Spanish language, or Hispanidad.
What is the meaning of Hispanic?People, nations, or cultures associated with Spain, the Spanish language, or Hispanidad are referred to as Hispanic. The phrase is frequently used to refer to Spaniards, Spanish-speaking people, and nations in Hispanic America and Hispanic Africa that were originally colonized by the Spanish Empire.
People of Mexican, Puerto Rican, Cuban, South American, Dominican, and some other or unknown Latin American or Spanish background are considered to be of Hispanic or Latino origin. Those of Hispanic ancestry might be of any race.
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Versatility and adaptability are tremendous liabilities.
Answers
False. Versatility and adaptability are tremendous assets.
What are Versatility and adaptability?
Adaptability is the ability of a person and or a leader to acclimatize into different environments. This might be a:
Versatility, on the other hand, is the ability to be flexible, that is possessing many different abilities or skills with allow one to adapt easily.
Inherent in their definitions lie their differences. However, each quality is very crucial for any person either as a follower or as a leader.
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Presented below are income statements prepared on a LIFO and FIFO basis for Sunland Company, which started operations on January 1, 2019. The company presently uses the LIFO method of pricing its inventory and has decided to switch to the FIFO method in 2020. The FIFO income statement is computed in accordance with the requirements of GAAP. Sunland’s profit-sharing agreement with its employees indicates that the company will pay employees 10% of income before profit-sharing. Income taxes are ignored.
LIFO BASIS FIFO BASIS
2017 2016 2017 2016
sales 3000 3000 3000 3000
cost of good sold 1130 1000 1100 940
operation expenses 1000 1000 1000 1000
incomebefore profit sharing 870 1000 900 1060
porfit sharing expense 87 100 96 100
net income 783 900 804 960
Instructions:
A) If comparative income statements are prepared, what net income should Kenseth report in 2016 and 2017?
B) Explain why, under the FIFO basis, Kenseth reports $100 in 2016 and $96 in 2017 for its profit sharing expense.
C) Assume that Kenseth has a beginning balance of retained earnings at January 1, 2017, of $8,000 using the LIFO method. The company declared and paid dividends of $500 in 2014. Prepare the retained earnings statement for 2017, assuming that Kenseth has switched to the FIFO method.
Answers
Solution :
A. Kenseth Company
Income Statement (for the year ended)
2017 2016
Sales 3000 3000
Cost of goods sold 1100 940
Operating expenses 1000 1000
Income before profit sharing 9000 1060
Profit sharing expense 96 100
Net Income $ 804 $ 960
The company must report \($\$ \ 100$\) as profit sharing expense in 2016, even though, profit sharing of expense may be \($\$ \ 106$\) if FIFO had been used in the year 2016.
B. The profit sharing of expense reflects the indirect effect of the change in an accounting principle. Under the SFAS No. 154, the indirect effects from period before the change are recorded in the year of the change.
In this case, profit sharing expense recorded in the year 2007 is composed of :
$ 900 x 10% = $ 90 (year 2017 under the FIFO)
$ 60 x 10% = $ 6 (difference in the profit sharing for the year 2016)
Net = $ 96 (profit sharing expense for the FIFO in year 2017)
C. Retaining earnings statement of 2017
Retained earning, Jan 1 as reported $ 8000
Cumulative effect of the change to \($FIFO$\) ($960 - $900) $ 60
Retained earnings , Jan 1, as adjusted $ 8060
Add \($:$\) Net income \($\$ \ 804$\)
Deduct \($:$\) Dividends $ 500
Retained earnings, Dec 31 $ 8364
Explain how utility could be used in a decision where performance is not measured by monetary value
Answers
Utility can be applied in decision-making situations where performance is not solely measured by monetary value.
Utility is a concept that can be used in decision-making scenarios where performance or outcomes are not solely measured by monetary value.
Utility refers to the satisfaction, well-being, or value that an individual derives from a particular outcome or alternative. It provides a framework for decision-makers to consider non-monetary factors and subjective preferences.
In situations where performance is not easily quantifiable in monetary terms, utility can be used to assign subjective values or preferences to different outcomes. Decision-makers can assess the potential utility or satisfaction associated with each alternative and choose the option that maximizes overall utility.
For example, let's consider a decision regarding the selection of a vacation destination. The performance in this case is not directly measured by monetary value, but rather by the level of enjoyment and personal preferences.
Utility theory can be applied by evaluating the potential utility associated with each destination based on factors such as climate, cultural experiences, outdoor activities, and personal interests. Decision-makers can assign subjective values or rankings to these factors and consider their individual utility weights.
By considering utility, decision-makers can make choices that align with their personal preferences and maximize their overall satisfaction or well-being. They may prioritize destinations that offer experiences they value the most, even if it comes at a higher cost or involves trade-offs with other factors.
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Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.
When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.
Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.
Businesses that sell to
other businesses who
are the intended end
user of the product.
1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B
Answers
Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.
What are Sales Channels?The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.
Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.B2B: Businesses that sell to other businesses who are the intended end user of the product.Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.
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Phương pháp công ty Samsung xác định giá, phân tích ưu/ nhược điểm:
help me
Answers
1. Briefly summarize the actions a firm can take to enhance the ethical behavior of its purchasing
personnel?
Answers
The actions which a firm can take to enhance the ethical behavior of its purchasing personnel are:
Enforce strict compliance with rules and regulationsTake them on periodic trainings about ethicsGive out fines for employees who do not act ethicallyAccording to the given question, we are asked to show the actions which a firm can take to enhance the ethical behavior of its purchasing personnel
As a result of this, we can see that if a firm wants to improve the ethical behaviour, then they would have to make some rules and regulations with the guidelines on how best to use them so that the workers would always act in an ethical way such as being honest, faithful in their duties, etc
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Daniel was driving down the highway at a constant speed of 70mph.
Which of the following graphs demonstrates this?
a b c or d
100 points if u help me
Answers
Skor Co. leased equipment to Douglas Corp. on January 2, 2011 for a 7-year period expiring December 31, 2017. Equal payments under the lease are $600,000 and are due on January 2 of each year. The first payment was made on January 2, 2011. The cost of the equipment is $2,400,000. The lease is appropriately accounted for as a sales-type lease. The present value of the lease payments is $2,800,000. What is the effect on Cost of Goods Sold for the year ended December 31, 2011?
Answers
Answer:
$2,400,000
Explanation:
Always remember that in the case of a sales type lease, the lessor at the inception of the sales type lease would recognize sale of equipment at a price of present value of the lease payments which is $2,800,000 and cost of goods sold will be recorded at cost of equipment which is $2,400,000.
Case 1: If the equipment was an inventory then the double entry would be as under:
Recording of Sales:
Dr Lease Asset $2,800,000
Cr Sale of Inventory $2,800,000
Recording of inventory out:
Dr Cost of Goods Sold $2,400,000
Cr Inventory Account $2,400,000
Case 2: If the equipment was fixed asset then the double entry would be as under:
Recording of Sales:
Dr Lease Asset $2,800,000
Cr Sale of Fixed Asset $2,800,000
Recording of equipment handing over to customer:
Dr Cost of Goods Sold $2,400,000
Cr Equipment Account $2,400,000
In both of the cases the cost of goods sold will be $2,400,000.
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price
Units in beginning inventory
Units produced
Units sold
Units in ending inventory
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative expense
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative expense
The total gross margin for the month under absorption costing is:
$
$
$
$
143
e
2,820
2,770
50
47
23
14
11
$95,880
$19,390
Answers
The total gross margin for the month under absorption costing is $16,120.
What is the total gross margin?Total variable cost per unit:
Direct materials cost per unit = $44Direct labor cost per unit = $19Variable manufacturing overhead per unit = $13Variable selling and administrative expenses per unit = $12Total variable cost per unit:
= Direct materials cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Variable selling and administrative expenses per unit
= $44 + $19 + $13 + $12
= $88
Total fixed costs:
Fixed manufacturing overhead = $85,260Fixed selling and administrative expenses = $16,440Total fixed costs:
Fixed manufacturing overhead + Fixed selling and administrative expenses
= $85,260 + $16,440
= $101,700
Total gross margin:
= (Selling price per unit - Total variable cost per unit) * Units sold - Total fixed costs
= ($131 - $88) * 2,740 - $101,700
= $43 * 2,740 - $101,700
= $117,820 - $101,700
= $16,120.
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wedding rice, birthday candles, and diplomas are considered . options: norms ritual script potlatch ritual artifacts
Answers
things like wedding rice, birthday candles, diplomas are considered ritual artifacts
What's ritual vestiges?
Every religious practice, across creed, culture and indeed period, has a tradition of artefacts used in ritual form and prayer. Conduits between the worldly and the worshipped, these objects can be categorized by function lighting, the dispersing of incense or bank, containers for water or ash
four kinds of ritual — magic action, religious action, substantial or native ritual, and factitive ritual — easily point out that ritual of passage is a typical native ritual.
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The demand curve shows that the quantity consumed of a good or service
Question 6 options:
decreases as price decreases
is not affected by price
increases as price increases
increases as price decreases
Answers
Answer:
increase by price
Explanation:
because, of quantity let me m know if I am correct I am pretty sure I am
Your savings goals should have A. beginning points
B. ending points
C. fixed time periods
D. All of the above.
Answers
Explanation:
you should have all so the answer is letter D
certificate of deposit definition
Answers
Answer:
A certificate of deposit is a simple and popular savings vehicle offered by banks and credit unions. When a depositor purchases a certificate of deposit, they agree to leave a certain amount of money on deposit at the bank for a certain period of time, such as one year.
One of the mentioned assumptions of portfolio management theory is that investors are rational. A
rational investor:
Answers
Answer:
Prefers a higher return for a given risk and prefers a lower risk for given return.
Explanation: