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Question - Anya currently owns 15% of the outstanding common shares in Adriatic Adventures Incorporated. The company has a total of 125,000 shares outstanding with a current market price of $20 a share. At present, the firm is offering an additional 12,500 shares at a price of $17.50 a share. Anya decides not to participate in this offering. What will her ownership position be after the offering is completed? Complete the question based on the number of shares, not the dollar value of the shares.
If we were to calculate Anya's new percentage ownership based on dollar values (rather than share count) we would come to a different result. Why?
During the month, 15,000 additional mittens were started in production in Department A; Compute the number of units still in process on October
Primo Industries collected $104,000 from customers in 2017. Compute 2017 cash-basis net income. Compute 2017 accrual-basis net income.
Prepare a Statement of Cash Flow using the indirect method for 2015 using the above statements - Equipment costing $30,000 was purchased in 2015
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SEBI Inc. earned the following returns for 2018-2020: -10 percent, 10 percent, and 30 percent. What is the standard deviation of the returns
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Discuss the importance of intangible assets to computing and software companies such as Microsoft, and analyse whether there are aspects of IAS 38
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On June 1, NN company. purchased a tract of land for $320,000 to be used as a factory site. Calculate the balance in NN company Land account on its June 31
During the year, accounts receivable decreased by $32,000. Compute the amount of Cash received from collecting accounts receivable.for the current year.
Interest is payable annually at year-end. The market rate is 4%. What is the value of the discount or premium associated with the bond at issuance
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