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Question - Muskoka Tourism has announced a rights offer to raise $30 million for a new magazine, titled 'Discover Muskoka'. The magazine will review potential articles after the author pays a nonrefundable reviewing fee of $5,000 per page. The stock currently sells for $52 per share and there are 3.9 million shares outstanding.
Required -
What is the maximum possible subscription price? What is the minimum?
If the subscription price is set at $46 per share, how many shares must be sold? How many rights will it take to buy one share?
What is the ex-rights price? What is the value of a right?
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xyz inc. had the following us gaap income itemsin 2014 xyz inc. paid off the mortgage.201220132014notesbook
one of your acquaintances notes this whole subject ofdifferential costing is easy variable costs are the only coststhat
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The following is a list of selected events for Unger Sales and Service for 2012. Unger uses a perpetual inventory system and had a zero inventory balance prior to these transactions. What was Unger's net income for 2012? Compute gross margin for 2012..
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