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2 years ago

3

Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collectio

n, are called:______________________.

1 answer:

irina1246 [14]2 years ago

5 0

Answer:

i'm running mary mary

Explanation:

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Upon graduating with an accounting degree, you open your own accounting firm of which you and your assistant are the only employ

kumpel [21]

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2 years ago

The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $18.50 for each of the 20 million shares s

Cerrena [4.2K]

Answer:

46.79%

Explanation:

Net amount raised = Sale Proceeds - Direct Legal Costs - Indirect Costs

Net amount raised = ($18.50 x $20,000,000) - $580,000 - $190,000

Net amount raised = $370,000,000 - $770,000

Net amount raised = $369,230,000

Share offered at price = $22.80 per share

Amount received per share = $18.50

Underwriting spread = $22.80 - $18.50 = $4.30 per share

Total underwriting spread = Underwriting spread x no. of shares offered

Total underwriting spread = $4.30 x 20,000,000

Total underwriting spread = $86,000,000

Direct cost = Total underwriting spread + Direct Legal Costs

Direct cost = $86,000,000 + $580,000

Direct cost = $86,580,000

Indirect cost = Indirect cost + Total underwriting spread

Indirect cost = $190,000 + ($22.80 - $18.50) x $20,000,000

Indirect cost = $190,000 + $86,000,000

Indirect cost = $86,190,000

Total Debt Capital = Direct Cost + Indirect Cost

Total Debt Capital = $86,580,000 + $86,190,000

Total Debt Capital = $172,770,000

Flotation cost % = Total Debt Capital / Equity Capital raised

Flotation cost % = $172,770,000 / $369,230,000 x 100

Flotation cost % = 46.79%

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2 years ago

If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and

IceJOKER [234]

Answer:

Sensory retailing.

Explanation:

If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and rolling pins they are engaging in sensory retailing.

In marketing, sensory retailing can be defined as a strategic process which involves the creation of an atmosphere that attracts potential customers and has a positive influence or effect on them.

Generally, sensory retailing involves the process of appealing to the customer's taste, smell, sight, tactile, and olfactory senses, thus, affecting their perception, judgment and behavior positively.

<em>Hence, when properly designed, harnessed and applied, it boost purchasing behaviors, increases sales revenues, improve customer loyalty, and enhances good vibes or mood among end consumers</em>.

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2 years ago

Compton Associates is an architectural firm that has been in practice only a few years. Because it is a relatively new firm, the

Deffense [45]

Answer:

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Explanation:

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2 years ago

Suppose that Norway is a small country and currently produces 100,000 board feet of lumber at $600 per 1,000 board feet. Then it

natulia [17]

Answer:

The correct answer is C) 150,000 board feet.

Explanation:

In order to meet domestic demand, Norway must import the goods produced in other countries, which means that there is no price increase due to the shortage of the good.

If Norway only produces 50,000 board feets and the demand is 200,000, then it will be forced to introduce the missing amount that comes from other countries.

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2 years ago