The firms legal fees sec registration fees and other

Assignment Help Accounting Basics
Reference no: EM13390883

Myriad Biotech plans a $104 million IPO in which the offering price to the public will be $51 per share. The company will receive $43 per share. The firm's legal fees, SEC registration fees, and other out-of-pocket costs will total $687,500. If the stock price increases 14 percent on the first day of trading, what will be the total cost of issuing the securities?

Reference no: EM13390883

Questions Cloud

Assume two firms want to borrow money from the bank for : assume two firms want to borrow money from the bank for period of one year. firm a has excellent credit whereas firm bs
Explain the project scope and project management plan align : 1.describe the project scope and project management plan. align your plan to the overall strategy that you have
Goodwin corp has revenues of 10686085 costs of 8014564 : goodwin corp. has revenues of 10686085 costs of 8014564 interest payments of 412375 and a tax rate of 34 percent. it
Sketch the network diagram by using the aon activity on : the following information is gathered for a project.activityactivity time daysimmediate predecessorsa2-b4ac5ad2be1bf8b
The firms legal fees sec registration fees and other : myriad biotech plans a 104 million ipo in which the offering price to the public will be 51 per share. the company will
Bell mountain vineyards is considering updating its current : bell mountain vineyards is considering updating its current manual accounting system with a high-end electronic system.
It is your responsibility as vp of the service department : suppose you are employed at a large global high-tech company that has offices worldwide in such places as tokyo london
Which of the following is not a mechanism which helps : which of the following is not a mechanism that helps aligning management and owner interests?a possibility of a hostile
Professional university teaches the large range of : professional university teaches a large range of undergraduate courses. it is interested in determining the cost

Reviews

Write a Review

Accounting Basics Questions & Answers

  Fair value of the equipment

Circle Co. purchased a piece of equipment by paying $10,000 cash. Circle Co. also incurred a shipping cost of $600 to get the equipment back to its factory. The fair value of this equipment is $11,000. For what amount should Circle Co. record the ..

  Making a statement of cash flows

Given the following data, manke, in good form, an income statement for the Dental Drilling Company as of December 31, 2003.

  Purchase of marketable securities

The securities sold on December 9 had cost the company $7,000, whereas the securities sold on December 18 had cost the company $6,000. (a) Record the purchase of marketable securities on December 4.

  What is the break-even sales (units)

If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4?

  Calculate the three given overhead variances

Manufacturing overhead for the period is budgeted at $135,000, of which 20 percent is fixed. The 17,200 hours worked during the period resulted in production of 8,500 units. Manufacturing overhead cost incurred was $136,500.Calculate the following..

  Balance sheet accounts of wickham corporation

The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2012.

  Estimating amount of bond interest expense

A corporation issued $600,000 of 8%, 5-year bonds on January 1, at 102. Interest is paid semiannually on January 1 and July 1. If the corporation uses the straight-line method of amortization, the amount of bond interest expense to be recognized o..

  Relevant and two non-relevant costs in decision

In this module you are going to have your final application to your organization. Identify a decision that has recently been made or will be made in the near future in your organization. Identify two relevant and two non-relevant costs in this dec..

  Two basic methods of accounting

What are the two basic methods of accounting that may be used by taxpayers? How do the two basic methods differ?

  Explain the rules for discharge of indebtedness income

Explain the rules for discharge of indebtedness income. When is it taxable, and when isn't it? Why? Do you think these rules make sense?

  How do ethics codes apply to project selection

How do ethics codes apply to project selection and capital budgeting? What are the potential risks to a company of unethical behaviors by employees? What are potential risks to the public and to stakeholders? Please explain how Saint Leo's core value..

  Annuity with change in interest rate

Jan Green established a savings account for her son's college education by making annual deposits of $6,000 at the beginning of each of six years to a savings account paying 8%.

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