Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Company A purchased 10,000 shares of Apple common stock from Company B, which is an entity unrelated to Apple. The terms of the purchase agreement state that Company A agrees not to sell the shares for 10 months after closing. Should Company A sell the shares before the lock-up period expires, it will be liable to Company B for the liquidated damages of $100,000 stipulated in the agreement. If the Apple shares traded on the NYSE close at $150/share on the measurement date, what is the fair value of the Apple stock?
$1,500,000, less $100,000 for the liquidated damages.
$1,500,000, less an adjustment for the restriction based on what a market participant would demand due to the 10-month resale restriction and corresponding penalty.
$1,500,000 - based on the closing NYSE price.
Michelangelo Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative 4%, preferred stock of $25 par, and 38,000 shares of $75 par common. What will be the number of shares outstanding after the split?
Evalulate what will be resulting percentage change in earnings per share of Rat Race Home Security, Inc. if they expect operating profit to change -1.9 percent?
Butte sold a machine to a machine dealer for $50,000. Butte bought the machine for $55,000 several years ago and has claimed $12,500 of depreciation expense on the machine. Illustrate what is the amount of character of Butte's gain or loss?
The bond pays 5% pa in coupons, with coupons paid quarterly. Calculate the price of the bond on the 8 of June 2021, given a market yield of 4.5%.
Would your portfolio be riskless? Explain. What is the least risky security you can think of? Explain.
Journalize transactions using a perpetual inventory system - Prepare an adjusted trial balance and prepare an income statement and a retained earnings statement for December and a classified balance sheet at December31
Calvin Johnson has a ?$4,500 debt balance, If Calvin made monthly payments of ?$225 at the end of each? month, how long would it take to pay off credit? card?
Question - The following transactions took place in October for Roland Corporation. What is the cost of goods sold for October
Determine what agency costs of equity and agency costs of debt? Is it possible to put in place mechanisms to reduce all opportunistic action? If not, why not?
Which the sequence of steps a company's accounting system goes through each Accounting Period is called? the Accounting Trial Balance
Based on the outcomes of the preceding questions, what differences are observable regarding the forecasts? If you believe differences are exhibited within the outcomes, why do you believe these differences occur?
On January 1, a company issues 8%. 5 year, $300,000 bonds that pay interest semiannually. On the issue date, the annual market rate of interest is 6%. What is the issue (selling) price of the bond? The debt-to-equity ratio: On January 1 of 2015, Pars..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd