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Question - Bavarian Brewhouse is planning an IPO. Under the terms of the IPO, Bavarian Brewhouse will issue 8 million shares at an offer price of $25 per share. The underwriter charges are 9% underwriting fee and direct costs are estimated to be $7 million. The stock is expected to trade at $30 at the end of the first trading day. What are the total underwriting fees for this Bavarian Brewhouse IPO?
Prepare journal entries to record the following: A total cash dividend of $90,000 was declared and payable to stockholders of record
The unit cost per water heater is P10,000. Schindler pays P3,000 in transporting the water heaters to Paralax. How much is the commission
For the year ended December 31, 2020, how much should the company include as depletion in its cost of goods sold
Auto Brakes Inc. manufactures brake rotors and has always applied overhead. Using the four-variance approach, compute the variances for conversion costs.
Create the journal entries to record the issuance of the bonds assuming they sold at: (1) 104 and (2) 95.
HBO consigned to GEO 10 laptops costing P15,000 each, paying freight charge of P15,000. What is the total cost of inventory of the unsold handbags
According to AASB 15 Revenue, explain when to recognise the revenue from these transactions by Morty Ltd and Also show relevant journal entries for Morty Ltd
In order to decrease tax (lower the income and the higher the expense, the lower the tax), company should use what method? Explain your answer
Suppose each handisaw takes approximately 0.75 hours to manufacture, and Wesley pays an average labor wage of $18 per hour. Compute the Budgeted Sales Revenue
What was the variable overhead efficiency variance for the period to the nearest peso? What was the fixed overhead volume variance for the period?
A customer of company ABC seems to be doubtful at balance sheet date.therefore company made the provision for the customer at the rate 5%.after the balance sheet date.customer paid 80% of the total amount.required:identify the type of event.2.what..
Rojas Co. owned 7,000 shares (70%) of the outstanding 10%, what was the non-controlling interest in the subsidiary's income
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