According to the given information, the net proceeds to the Draiman guitars company is $5,684,700
No. of shares to be issued = 145,000
Offer price = $46 per share
Under writer's spread = 9% or 0.09
Administration cost = $385,000
Net proceeds to the company are the proceeds from IPO, left after paying under writer's fees and administration cost.
Net proceeds to the company:
⇒ [ No. of shares × Offer price ×( 1 - under writes spread )] -
administration cost
⇒ [ 145,000 × $46 ×( 1 - 0.09 )] - $385,000
⇒ [ 145,000 × $46 × 0.91 ] - $385,000
⇒ $6,069,000 - $385,000
⇒ $5,684,700
Net proceeds to company = $5,684,700
When an asset is sold, the net proceeds are the money the seller keeps after deducting all costs and expenses from the gross proceeds.Depending on the sold asset, the sum that makes up the net proceeds could be negligible or significant.On the net, not the gross, proceeds from a sale, capital gains taxes must be paid.Learn more about Net proceeds, here
https://brainly.com/question/21438354
#SPJ4
What are the types of partnership and examples of each?
Answer:
here you go
Explanation:
Types of partnerships
General partnership. A general partnership is the most basic form of partnership. ...Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...Limited liability partnership. ...Limited liability limited partnership
On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?
Answer:
Net Income = $1125
Explanation:
The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,
Net Income = Revenue - Total costs
The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.
Revenue = 55 * 25
Revenue = $1375
The total cost for materials needed for 25 arrangements is provided and there are no other costs.
Net Income = 1375 - 250
Net Income = $1125
We evaluate historical sources by determining if they are valid or reliable.
True
False
Answer:
True
Explanation:
We evaluate historical sources by determining if they are valid or reliable. The given statement is True.
Why is it important to evaluate historical sources?You are prompted to use critical thinking skills while evaluating information to consider the authority, timeliness, point of view, and bias of various information sources. A book, article, or website is not always a trustworthy source of knowledge just because your search parameters are met by it.
Evaluating historical sources is an essential aspect of historical research, and determining their validity and reliability is crucial to understanding the past accurately. Validity refers to the accuracy and truthfulness of the information provided by the source, while reliability relates to the consistency and credibility of the source. Both validity and reliability are necessary to ensure that the historical source is trustworthy and can be used to support historical claims.
Thus, the mentioned above-given statement is true.
Learn more about historical sources here:
https://brainly.com/question/17840635
#SPJ7
What recommendation would you give to a manager who wants to optimize team performance? Multiple Choice A. Retain control of the information and processes. B. Build the team with individuals who will quickly bond because they are similar.C. Focus on improving the quality of team interdependence. D. Focus on ensuring individual team members always perform their best.
The recommendation I would give to a manager who wants to optimize team performance is: C. Focus on improving the quality of team interdependence.
Effective teamwork requires a high level of interdependence among team members. This means that each team member must rely on the others to achieve the team's goals. To optimize team performance, a manager should focus on improving the quality of this interdependence. This can be done by encouraging communication and collaboration among team members, setting clear goals and expectations, providing appropriate resources and support, and fostering a positive team culture that values and recognizes individual contributions.
A is incorrect because retaining control of information and processes can stifle creativity and innovation, and limit the potential contributions of team members.
B is incorrect because building a team solely on the basis of similarities may result in groupthink and a lack of diverse perspectives and ideas.
D is incorrect because while ensuring individual team members perform their best is important, it is not sufficient for optimizing team performance. The success of the team as a whole depends on the quality of interdependence among its members, not just individual performance.
Learn more about team performance here:
https://brainly.com/question/31359874
#SPJ11
Question 6 of 10
A human resource staff member was asked to create a job description.
Which of the following steps should be included in the process?
A. Evaluate the employee in the job
B. Interview customers served by the employee in the job
C. Conduct a job analysis
D. Suggest changes to the management structure
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.
Read more on human resource here: https://brainly.com/question/10583893
#SPJ1
Answer: C conduct a job analysis
Explanation:
it is
When three buyers purchase the products of three producers, nine transactions are required. if one intermediary serves both producers and buyers, the number of possible transactions is?
If one intermediary serves both the producers as well as buyers in that case the number of transactions will be six instead of nine.
Typically, market intermediaries like distributors, retailers, or dealers serve as that of the bridge between manufacturers and the ultimate customer. The intermediaries can be either companies or regular people. The placement of products in their respective marketplaces and their prices are affected by the distribution channel.
Basically, market intermediaries help in the distribution of goods and services from producers to the ultimate consumer through their strong network. Once the manufacturers produce their final goods, they must be reached to customers in order to facilitate sales, and this function is undertaken by the market intermediaries through distribution channel.
Learn more about market intermediaries here:
https://brainly.com/question/16344809
#SPJ4
What are the economic goals of a ancient command economy?
These ancient command economies' main objective was to amass wealth and goods for the ruling class while maintaining stability in the economy. The numerous monuments that these societies have left behind serve as evidence of both their societies'.
Strong economy and the excesses of their kings. A command economy is designed to help the government achieve its economic objectives. These objectives may include maintaining full employment, limiting inflation, or fostering particular businesses. Thus, boosting economic output is not always the goal of goods command economy. Market economies often support economic liberty, effectiveness, and expansion (with full employment being a desirable side effect of these choices).
To learn more about economy, click here.
https://brainly.com/question/2421251
#SPJ4
When prices of outputs in an economy become sufficiently high, causing production to exceed potential GDP, the results is that
A) higher wages will encourage workers to take more leisure time
B) the long run aggregate supply curve will shift to the right
C) hyper-intense production will be unsustainable in the long run
D) lower prices will lead to a lower quality of demand
When prices of outputs in an economy become sufficiently high, causing production to exceed potential GDP, the results is that hyper-intense production will be unsustainable in the long run. Therefore, option (C) is the correct answer.
Inflationary pressure is produced in an economy when actual real GDP or output surpasses potential real GDP. The various economic participants are forced to raise their inflationary expectations as a result of this inflationary pressure. Workers are significant contributors to the economy, and they also raise their expectations for inflation. Workers seek greater pay in order to maintain their real income because they anticipate increased inflation in the future. As businesses give in to the demand for greater pay, their production costs rise and their profitability decreases. Reduced profitability forces businesses to cut back on production. A decrease in production causes the short-run aggregate supply curve to move to the left. However, until the economy returns to its level of potential real GDP, the SRAS curve's leftward movement will persist.
Therefore, the economy maintains its potential GDP level over the long term, and the spike in output (the current real GDP exceeding the potential real GDP) continues to be a phenomenon of the short term.
Therefore, hyper-intense production will be unsustainable over the long term when output prices in an economy rise to a level that causes production to surpass potential GDP. Hence, the correct answer is option (C).
Learn more about Potential GDP here: https://brainly.com/question/13824314
#SPJ4
which solution in a test tube would work best in extracting dna from cheek cells for analysis?
To extract DNA from cheek cells for analysis, a suitable solution would be a DNA extraction buffer.
DNA extraction buffers typically contain a combination of components that help break down the cell membranes and proteins, releasing the DNA from the cells. Some common components found in DNA extraction buffers include:
1. Saline solution: Provides the necessary ionic environment for DNA stability and solubility.
2. Detergents: Help to disrupt the cell membranes and release the DNA. Common detergents used include sodium dodecyl sulfate (SDS) or Triton X-100.
3. Protease: Enzymes that help break down proteins present in the cell, allowing for easier DNA extraction. Proteinase K is commonly used.
4. Buffering agents: Maintain a stable pH level, usually around neutral, to ensure optimal conditions for DNA extraction.
It's important to note that different DNA extraction kits or protocols may have specific buffer formulations tailored for the extraction process. Therefore, using a commercially available DNA extraction kit, which provides the necessary reagents and protocols, would be the most reliable and effective method for extracting DNA from cheek cells for analysis.
To learn more about DNA click here
https://brainly.com/question/30006059
#SPJ11
Who determines the interest rate for the nation?
Help quickly please! economics!
Can someone tell me why wealth gaps are common in countries with capitalism?
A strict definition of capitalism is a society where capital is privately owned, and workers paid wages by private firms. Essentially it is a society with minimal government intervention and resources are distributed according to the outcome of free markets.
Essential (fair) inequalities:
Profit motive: A basic principle of capitalism is that individuals are motivated by the profit incentive. For example, entrepreneurs undertake a risky venture to set up firms because they hope to make a substantial profit. If there was not this profit incentive, entrepreneurs would not undertake the risk of setting up a firm. Therefore, you can say the potential of reward makes inequality an essential ingredient of capitalism.
You could argue people may have other motivations for setting up a business than just higher incomes, but most would agree higher income is an important consideration – if not overriding motive.
Work Incentive: Inequality is also important to motivate workers. If every worker received the same wage regardless of skill and effort, there would be no incentive to learn new skills and work hard at the job. A firm in a capitalist society can pay successful workers a higher wage to reflect their higher productivity. This will lead to wage inequality, but without it it would be hard to motivate workers.
Not necessary (unfair) inequalities:
Monopoly Power: The above types of inequality may seem ‘fair’ or justified. If you work hard, you get to benefit from your enterprise. However, capitalism can also lead to inequality which may be seen as unfair. For example, a firm may develop monopoly power. Then it is in a position to charge consumers artificially high prices and deter entry. If firms have monopsony power, they can get away with paying a wage much lower than the productivity of the worker. Workers have no choice but to work for a very low wage. Therefore, capitalists with access to private property can ‘exploit’ their monopoly power to make a much higher profit than other people in society.
Inheritance: Another aspect of capitalism is that private property can be passed on from one generation to another. Therefore those who inherit capital can enjoy high income even without any effort. They have access to best private education and jobs. This creates inequality of opportunity as well as inequality of opportunity.
These types of inequality mean that there isn’t a level playing field; some in society get an unfair advantage, there isn’t equality of opportunity.
Note: I have written this answer because this is what they teach us in economics. But I am a strong supporter of capitalism.
How do objectives make it more likely that you will reach your goals?
A. Objectives are based on others' experiences.
B. Objectives help guide your career choices.
C. Objectives provide a step-by-step path to success.
D. Objectives are the best way to assess your interests.
Answer:
C seems the most reasonable
Objectives provide a step-by-step path to success: make it more likely that you will reach your goals. Thus, option C is the correct option.
How to achieve your objectives?You may achieve your goals by setting realistic goals for yourself to strive toward. The way objectives do this is by outlining specific actions you can take immediately to move closer to your long-term goals. An aim is a specific activity that must be taken in order to accomplish a goal, whereas a goal is a more general, longer-term, achievable conclusion.
Despite being distinct, the two terms are frequently used together when working on a project. This is due to the fact that both are necessary for project planning and execution. It enables you to put your grant's ideas into practice. Setting SMART goals ensures that the project advances, facilitates accountability and scheduling, and informs you of accomplishing what you set out to accomplish.
Learn more about goals here:
https://brainly.com/question/31463084
#SPJ2
Washington has an extensive collection of baseball cards. He wants to know how much his mint condition, rookie-year Hank Aaron card is worth. How might he determine the card’s current market value?
Explanation:
It is recommended by some to determine a card's current market value of by determining whether the card has been professionally graded by the Professional Sports Authenticator, if yes, then one can check up the value on the Sports Market Report (SMR).
However, the Hank Aaron card is Estimated to have a PSA 9 Mint Value of $17,500.
What conditions would affect how much people would use your business?
The business is and Ice Cream Shop.
Answer:
restaurant
like pandemic all small restaurant is closed the business is bankcrap
How much does the annual cashflow of a 10-year annuity increase from Year 1 to Year 2?a. 2Gb. 0c. Gd. (N-1)Ge. NG
The annual cashflow of the 10-year annuity would be $10,000. An annuity is a financial product that provides a fixed stream of payments at regular intervals over a specified period of time.
The cashflow of an annuity depends on several factors, including the initial investment, the interest rate, and the payment frequency. To calculate the annual cashflow of a 10-year annuity, you need to know the total amount of the investment, the interest rate, and the payment frequency (i.e. whether the payments are made monthly, quarterly, or annually).
Once you have this information, you can use a formula to calculate the annual cashflow of the annuity. For example, if the total investment is $100,000, the interest rate is 5%, and the payments are made annually, the annual cashflow would be calculated as follows:
Annual cashflow = (Total investment / Number of years) + (Total investment - (Payment x Number of years)) x Interest rate
Annual cashflow = ($100,000 / 10) + ($100,000 - ($10,000 x 10)) x 0.05
Annual cashflow = $10,000 + ($100,000 - $100,000) x 0.05
Annual cashflow = $10,000
In this example, the annual cashflow of the 10-year annuity would be $10,000. However, to determine how much the annual cashflow increases from Year 1 to Year 2, you need to know the specific terms of the annuity contract. Factors that could affect the increase in cashflow from Year 1 to Year 2 could include changes in the interest rate, changes in the payment frequency, or the addition of a bonus payment.
To know more about Annuity visit:
https://brainly.com/question/14963095
#SPJ11
What are 3 key takeaways you have about investing in a 401(k) plan that will help you when you’re ready to make this decision in the real world?
Explanation:
1. Always be sure to contribute enough to a 401(k) to qualify for matching contributions from your employer.
2. Be aware of the underlying costs and fees of the various investments within your retirement plan.
3. You can contribute to both a personal IRA and a 401(k) plan at work.
A 401(k) plan is a type of retirement savings plan sponsored by an employer. It allows employees to contribute a portion of their pre-tax salary to a retirement account, which is then invested in a selection of mutual funds, stocks, bonds, and other assets.
These contributions and the earnings on them grow tax-deferred until they are withdrawn, typically in retirement.
One of the key benefits of a 401(k) plan is that many employers offer a matching contribution, which can help boost the account balance.
Additionally, 401(k) plans often offer a range of investment options and allow for convenient automatic contributions, making it easier for individuals to save for retirement. However, there may be fees associated with the plan, and early withdrawals may result in penalties.
Learn more about 401(k) plan here:
https://brainly.com/question/27159207
#SPJ2
mention one Islamic song and recitation
Answer:
islamic song: SURAH AL IMRAN HOLY QURAN, BEAUTIFUL HOLY QURAN
I hope it helps you
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
How long after taxes are accepted will they be deposited?.
1) The skills and knowledge a person has acquired through experience and/or
education.
O Human Capital
O Entrepreneurial talents
O Physical Capital
O Perfect competition
Answer:
O Human Capital
Explanation:
Human capital is an employee's knowledge, skills, and competencies that a company uses in productivity. It is the attributes of labor that impact production and influence compensation. Human capital is enhanced through education, job training, work experiences, and research.
Human capital is compensated through wages and salaries. Its cost is monetized as labor and is one of the factors of production.
Why is communism disappearing?
Answer:
communism is disappering Because of the overpowering status of Capitalism.
Explanation:
QUICK!! FiRST PERSON TO ANSWER THIS CORRECTLY GETS BRAINLIES
Answer:
I belive it's A.
Explanation:
Becuase often times, they collect and file and that was the only one that really made sense to me. Let me know if im wrong though.
Evaluate the purchase of an existing 500 unit apartment complex for $20000000, the building is assumed to have a 20 year functional life. Treat the rents as being collected at the end of each year, along with associated variable and fixed costs. Assume rent controls will prohibit the rent from being raised over the life of the building. Assume that the underlying property reverts to the original owners at the end of twenty years, and that you will also be responsible for demolition and clean-up costs, to be incurred at the end of the building’s life. Rentals are estimated at 450 units per year. Each unit will be rented for a cumulative monthly amount of $20000 per year. Cost per unit when rented $8000 per year. Fixed costs $3000000 per year for the building, other than the initial investment. Demolition/Clean up $4500000 after-tax. Depreciation is to be straight-line. Assume the project can be financed at 8% (before-tax) using debt. Tax Rate is 21%. Develop a pro forma income statement and compute the after-tax operating cash-flow (OCF). Having studied market downturns, you estimate that a worst case scenario would entail rental of about 70% of the apartments at 75% of the normal rent. Also estimate a maximum value for the project assuming the building can maintain a rental rate of 95%, at a 15% premium over the currently planned rent. Assume before tax required return at 8%. What is the NPV of the worst case scenario?
Group of answer choices
-$22900000 to -$21900000
-$21900000 to -$20900000
-$23900000 to -$22900000
>-$20900000
<-$23900000
To calculate the net present value (NPV) of the worst-case scenario, we need to determine the cash flows for each year and discount them back to present value using the required return rate of 8%. The worst-case scenario assumes a rental rate of 70% at 75% of the normal rent.
Here are the steps to calculate the NPV:
Calculate the annual rental revenue:
Annual Rental Revenue = 450 units * $20,000 * 0.75 = $6,750,000
Calculate the annual variable costs:
Annual Variable Costs = 450 units * $8,000 = $3,600,000
Calculate the annual fixed costs:
Annual Fixed Costs = $3,000,000
Calculate the annual cash flow:
Annual Cash Flow = Rental Revenue - Variable Costs - Fixed Costs = $6,750,000 - $3,600,000 - $3,000,000 = $150,000
Calculate the present value of the annual cash flows over 20 years:
PV of Annual Cash Flows = $150,000 * (1 - (1 + 8%)^-20) / 8% = $2,053,933.68
Calculate the after-tax clean-up costs:
After-Tax Clean-up Costs = $4,500,000 * (1 - 21%) = $3,555,000
Calculate the present value of the after-tax clean-up costs at year 20:
PV of Clean-up Costs = $3,555,000 / (1 + 8%)^20 = $1,160,047.57
Calculate the NPV of the worst-case scenario:
NPV = PV of Annual Cash Flows - PV of Clean-up Costs - Initial Investment
NPV = $2,053,933.68 - $1,160,047.57 - $20,000,000
NPV = -$18,106,113.89
Therefore, the NPV of the worst-case scenario is approximately -$18,106,114. The correct answer option is "<-$23,900,000".
To know more about (NPV) visit
https://brainly.com/question/33694965
#SPJ11
The manager is responsible for knowing the food sanitation rules. This includes the supervision of food handlers in: Following the restaurant's policies on complaints Routine clean up of the parking lot and restrooms Recognizing problems with employee health Handling customer's money and credit cards
As the person in charge of the restaurant, the manager is responsible for ensuring that all food handlers are aware of and follow food sanitation rules. This is essential to prevent food contamination and foodborne illness outbreaks, which can be detrimental to the health of customers and the reputation of the establishment.
In addition to supervising food handlers' adherence to food safety regulations, the manager must also ensure that the restaurant's policies on complaints are being followed. This includes addressing customer complaints promptly and effectively to maintain a high level of customer satisfaction.
The manager must also oversee routine clean up of the parking lot and restrooms to maintain a clean and hygienic environment for customers and staff. This includes ensuring that all surfaces and equipment are properly cleaned and sanitized according to industry standards.
It is also important for the manager to recognize any problems with employee health and take necessary steps to prevent the spread of illness in the workplace. This may include implementing sick leave policies and providing education on proper hygiene practices.
Lastly, the manager must ensure that employees handling customer money and credit cards are following proper hygiene practices and taking appropriate measures to prevent cross-contamination between cash, cards, and food. This may involve providing gloves, hand sanitizer, and training on proper handling procedures.
Overall, the manager's responsibility to uphold food sanitation rules and maintain a clean and safe environment in the restaurant is critical to ensure the health and satisfaction of customers and employees.
for more such questions on manager
https://brainly.com/question/24553900
#SPJ11
an auditor examining inventory most likely would use variables sampling rather than attributes sampling to group of answer choices identify whether inventory items are properly priced. estimate whether the dollar amount of inventory is reasonable. discover whether misstatements exist in inventory records. determine whether discounts for inventory are properly recorded.
An auditor examining inventory most likely would use variables sampling rather than attributes sampling to: B estimate whether the dollar amount of inventory is reasonable.
Variables sampling refers to the process used to predict the value of a particular variable within a population. For instance, a limited sample size can be used to calculate the average accounts receivable balance as well as a statistical derivation of the minus or plus range of the value of the total receivables that is under review.
The statement given in option B is a correct answer because variable sampling deals with dollar amounts or quantities and accordingly examing inventory involves the dollar amount of inventory. In contrast, attributes sampling addresses deviation rates with respect to various controls.
You can leran more about variable sampling at
https://brainly.com/question/28326412
#SPJ4
Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Answer:
Yes this could be counted as GDP
Explanation:
Who manages woolworths , is the manager actively involved in the desicions of the business , will the manger be able to make informed decisions?
Who runs the Woolworths supermarket and grocery chain is Roy Bagattini, who is the CEO of the group. According to research on the company, it is correct to say that the executive director is involved in the business decisions, since the managers of the other branches must align their decisions with those established by the CEO.
It is fair to say that as CEO of the Woolworths supermarket chain, the manager is able to make informed decisions based on his knowledge of the subsidiaries.
What are the functions of an executive director?It is the professional responsible for managing a company, being the highest hierarchical position, where there are great responsibilities in making decisions that will impact the success of the business.
Therefore, the CEO of the company must have communication skills developed to communicate clearly with the board of directors about the organization's needs, making the organizational planning and strategy aligned so that the goals and objectives stipulated in a period are achieved.
Find out more about executive director here:
https://brainly.com/question/26272846
#SPJ1
what are two key characteristics of the introduction stage of the product life cycle?
The two key characteristics of the introduction stage of the product life cycle include "the high costs resulting from the initial cost of marketing, advertising, distribution, etc."
The other key characteristics of the introduction stage of the product life cycle are "the sale quantities are usually low, which then increases gradually."
Other characteristics of the introduction stage of the product life cycle include the following:
Little competitionDemands need to be established through the advert.Customers must be persuaded to buy the product.The introduction stage of a new product is the beginning stage in a product life cycle.Hence, in this case, it is concluded that the introduction stage of a product life cycle is significant.
Learn more here: https://brainly.com/question/16378784
Which of the following is NOT a discretionary expense?
Vacation
Rent
Entertainment
Gym membership
Why do you think banks have such widely varying policies on overdraft fees?
Answer:
Banks have alot of varying policies to feed the sutiaion for different people. Varying policies allow banks to charge people for varying reason that fits them.
Explanation:
Some banks treat their customers better than others, which explains why banks' overdraft policies vary so widely. Some banks require the funds generated by overdraft fees because banks exist to make money.
Why are overdraft fees charged by banks?Overdraft fees may be viewed as a way for financial institutions to be compensated for the risk they assume by allowing users to make purchases with money they do not currently have. It also helps banks because these fees are a significant source of revenue for many financial institutions. Overdraft fees for customer accounts are being reduced or eliminated as a result of increased competition. The bill limits the number of overdraft fees that can be charged to a consumer each month and year, and it requires that such fees be reasonable. The bill prohibits charging an overdraft coverage fee if the overdraft is caused solely by a debit hold amount that exceeds the transaction's actual dollar amount.To lean more about overdraft fees, refer to:
brainly.com/question/1739416
#SPJ2