Corporate accounting assignment

Assignment Help Term Paper
Reference no: EM1397685

Part A: 

The last few years have been difficult economically but the owners of Johnsons P/L, a medium-sized manufacturer of quality dining furniture is keen to grow the business. They have seen an increase in demand for their products from overseas and feel that they will need to increase their operation in order to continue to meet this demand. They are currently looking at a number of options to finance this expansion such as through debt and through equity raising (meaning they will need to "go public"). They have determined that they need to raise $60 million.

Giving consideration to the various options, you have been requested to advise the owners of Johnsons what the various options are, outlining the positives and negatives of each.

Required: write a report (should be extensive) to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.

Part B

Regardless of the advice you have given (Part A), the owners have decided to go "public" and issue an 'IPO" They issue 30 million shares ($2.00), of which the payment on application is to $0.80 per share (closes 18th April 2013), $0.50 four weeks after allocation (allocation is 12th May 2013) and the remaining amount to be paid on 30th June 2013. The IPO attracts requests for 30.4 million shares. In this case, it exceeds the allowable number of shares and the directors decide to apply the "first-come, first-served" approach and return the excess back to the unlucky applicants

Required: You are to journalise the events (including dates and notations). You should assume that all monies were received on 18th April (applications).

Reference no: EM1397685

Questions Cloud

Describe the steps involved in converting the information : Describe the steps involved in converting the information from the .csv file to Excel as well as what steps you will take to assure the data is functional for your purpose
Determine what competitive compensations each company : Research as well as describe the internal as well as external environments of 2 to 3 real-world companies using an environmental scan. Determine what competitive compensations each company has as well as what strategies each company is using.
Food processing plant-maintenance peformance : At a food processing plant, a machine produces 10 lb bags of sugar. In this particular process, it is important that the sugar content does not go below 9.9 lbs. In fact, when the bags of sugar are less than 9.9 lbs, maintenance is performed on th..
Performance against the leadership characteristics : Choice a current or a past president of the United States and assess his performance against the leadership characteristics discussed in the text.
Corporate accounting assignment : HA2032 CORPORATE ACCOUNTING ASSIGNMENT - write a report to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.
Explain two-year cell-phone service contract : Intoxicated however fully aware of the consequences, Uri decides to a two-year cell-phone service contract with Wander Talk Inc., at morethan the average market price. This contract is 1) Enforceable.
Find best experimental protocol to test preference : Which of the following is the best experimental protocol by which to test the preference of an herbivore for one of two plants.
Probability that an individual will die from bird flu : Suppose in a population of 100,000, the probability that an individual will die from bird flu in a given winter is .00009. If the data fits a Poisson distribution, then the mean number of people in that population that will die from bird flu in on..
Explain accepted as a sequel of an occupational injury : Individuals may perhaps develop a habit of continuing to rub a site initially affected by irritant contact dermatitis and may develop secondary neurotic mastitis or lichen simplex chronic us (Identification), which may be accepted as a sequel of a..

Reviews

Write a Review

Term Paper Questions & Answers

  Generation and evaluation of alternative solutions

Write two pages for "Generation and Evaluation of Alternative Solutions" for Love Canal case. Total 2 Pages for "Generation and Evaluation of Alternative Solutions" for love canal case and including references.

  Paper on deming theory

Paper on Deming theory: Dr. W. Edwards Deming developed a method for the quality improvement process. He believed that the identification and correction of defects after production is not effective.

  Paper on what does autism play in savant syndrome

Write a Paper on Topic:   What does autism play in savant syndrome?

  Write a paper on italy and its democracy

Write a Paper on Topic:  Italy and Its Democracy,  Affecting the Event by “The Economist” and  Democracy Appear to Work with including references.

  Climate change and the north

The essay topic is: Climate Change and the North (with particular Focus on the Inuit).  The purpose of this research paper is to help you engage with current events and contemporary challenges concerning Aboriginal people in Canada.

  Should manitoba adopt a single transferable vote

Write a paper on Topic: Should Manitoba adopt a single transferable vote (STV) electoral system for provincial elections?

  In crisis and reform

In Crisis and Reform:  Current Issues in American Punishment (p. 126), Alexis Durham writes,Please write a reaction paper (4-6 pages in length) to the quote in which you explore global correctional objectives

  Role play as the corporate social responsibility officer

Your Corporate Social Responsibility Officer  Handout and Rubric, This paper gives you an opportunity to "role play" as the Corporate Social Responsibility Officer for an organization of your choice.

  Operationalize sustainability

This assignment is designed for you to analyze an organization and to help develop a plan for that organization to better Operationalize sustainability in the future.

  Gulliver''s view of science

Write on  Gullivers view of science or politics, Jonathan Swift’s view about science is explicitly portrayed in this novel Gulliver’s travel. Jonathan swift says the scientific researches and the experiments will be utter waste of time and it will be..

  Designing a computer interface with visual disability

The topic is about designing a computer interface to people with visual disability (blindness- colour blindness) also , how to apply decision support systems to such interfaces..

  Social issue

Answer the following questions as these general questions pertain to the specific issue selected.The questions that you will cover with respect to your choice of broad social issue in the paper are given.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd