When companies offer new equity security issues, they publicize the offerings in the financial press and on internet sites. assume the following were among the equity offerings reported in december 2018: new securities issues equity american materials transfer corporation (amtc)—7.5 million common shares, $0.001 par, priced at $13.546 each through underwriters led by second tennessee bank n. a. and morgan, dunavant & co., according to a syndicate official. proactive solutions inc. (psi)—offering of 9 million common shares, $.01 par, was priced at $15.20 a share via lead manager stanley brothers, inc., according to a syndicate official. required: prepare the appropriate journal entries to record the sale of both issues to underwriters. ignore share issue costs. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round your intermediate calculations. enter your answers in whole dollars.)
Answers: 3
Business, 21.06.2019 19:20
25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units
Answers: 3
Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
Business, 22.06.2019 11:40
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
When companies offer new equity security issues, they publicize the offerings in the financial press...
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