Question

Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to...

Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

This type of registration is known as a shelf registration

Feel free to ask in case of any query relating to this question

Add a comment
Know the answer?
Add Answer to:
Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Slippery Seafood recently registered 180,000 shares of stock under SEC Rule 415. The company plans to...

    Slippery Seafood recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this? Multiple Choice Standby registration Shelf registration Regulation A registration Regulation Q registration Private placement registration

  • Kelso Electric is an all-equity firm with 44,750 shares of stock outstanding. The company is considering...

    Kelso Electric is an all-equity firm with 44,750 shares of stock outstanding. The company is considering the issue of $305,000 in debt at an interest rate of 7 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 27,500 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans?

  • Kelso Electric is an all-equity firm with 57,500 shares of stock outstanding. The company is considering...

    Kelso Electric is an all-equity firm with 57,500 shares of stock outstanding. The company is considering the issue of $390,000 in debt at an interest rate of 8 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 36,000 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? Multiple Choice $90,395 $52,242 $71,522 $58,772 $83,442

  • Kelso Electric is an all-equity firm with 50,750 shares of stock outstanding. The company is considering...

    Kelso Electric is an all-equity firm with 50,750 shares of stock outstanding. The company is considering the issue of $345,000 in debt at an interest rate of 7 percent and using the proceeds to repurchase stock. Under the new capital structure, there would be 31,500 shares of stock outstanding. Ignore taxes. What is the break-even EBIT between the two plans? a- 54,573 b-39,518 c-68,974 d-63,668 e-44,458

  • You own 310 shares of Abco, Inc. stock. The company has stated that it plans on...

    You own 310 shares of Abco, Inc. stock. The company has stated that it plans on issuing a dividend of $.75 a share at the end of this year and then issuing a final liquidating dividend of $2.15 a share at the end of next year. Your required rate of return on this security is 8 percent. Ignoring taxes, what is the value of one share of this stock today? $2.50 $2.94 $2.76 $2.54 $2.99

  • Company ABC has 10,000 shares outstanding and the stock price is $100. The company is expected...

    Company ABC has 10,000 shares outstanding and the stock price is $100. The company is expected to pay a dividend of $10 per share next year and thereafter the dividend is expected to grow indefinitely by 6% a year. The company now makes an announcement: It will repurchase shares next year instead of issuing cash dividends. But from year 2 on the payout policy stays the same with cash dividends. 1. What is the expected rate of return on the...

  • QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at...

    QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at the early stages of producing group financial statements. The company’s first Audit Committee meeting to discuss the financial statements is scheduled for in a few weeks’ time and you have been asked to prepare a paper for presentation at the meeting to discuss the appropriate basis for accounting for entities mention below: Waka Ltd: Waka ltd.’s relevant activities are directed by ordinary shareholders votes....

  • QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at...

    QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at the early stages of producing group financial statements. The company’s first Audit Committee meeting to discuss the financial statements is scheduled for in a few weeks’ time and you have been asked to prepare a paper for presentation at the meeting to discuss the appropriate basis for accounting for entities mention below: Waka Ltd: Waka ltd.’s relevant activities are directed by ordinary shareholders votes....

  • Calculator Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares...

    Calculator Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: Year 2: Year 3: $10,000 45,000 90,000 Determine the dividends per share for preferred and common stock for the first year O$0.00 and $0.10 O$0.50 and $0.00 O $0.50 and $0.10 O$2.00 and $0.00 Previous Next Check My Work more Check my work uses remaining 10 AM A 400 1126/2019...

  • House of Haddock has 5,030 shares outstanding and the stock price is $143. The company is...

    House of Haddock has 5,030 shares outstanding and the stock price is $143. The company is expected to pay a dividend of $23 per share next year and thereafter the dividend is expected to grow indefinitely by 4% a year. The President, George Mullet, now makes a surprise announcement: He says that the company will henceforth distribute half the cash in the form of dividends and the remainder will be used to repurchase stock. The repurchased stock will not be...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT