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Q5) (5 MARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO. WITH FOLLOWING DETAILS...
05) (SMARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO, WITH FOLLOWING DETAILS 2000...
05) (SMARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO, WITH FOLLOWING DETAILS 2000 NO OF COMMON SHARES BOUGHT BUYNIG PRICE 540 BROKERAGE CHARGES FOR ALL THE SHARES $200 JOURNALIZE THE FOLLOWING TRANSACTIONS JOURNALIZE PURCHASE OF INVESTMENT STOKKS AND CALCULATE CONT PER SHARE B CALCULATE COST PER SHARE EARNED S 3 PER SHARE AS DIVIDEND INCOME JOURNALIZE ENTRY C D THE FIRM SOLD SHARES TO ABC CO. WITH THE FOLLOWING DETAILS NO OF SHARES SOLD TO ABC CO....
Common shares of XYZ Co. closed on the TSX yesterday at $15. Over the past month,...
Common shares of XYZ Co. closed on the TSX yesterday at $15. Over the past month, the average price for these shares was $13. An analyst claims that such a share is really worth $20 and recommends buying it. The company has reported earnings per share of $1.50 in its most recent financial statements. Which of these values is the least subjective (Level 1) value for this share? O $1.50 O $13 O $15 O $20
please solve question 2, 3, 4, and 5. 2. XYZ, Inc. has issued 2 million new...
please solve question 2, 3, 4, and 5.
2. XYZ, Inc. has issued 2 million new shares of stock. An investment bank agrees to underwrite these shares on a best-efforts basis. The investment bank is able to sell 1.4 million shares for $34 per share, and it charges XYZ $0.75 per share sold. How much money does XYZ receive? What is the profit to the investment bank? What is the stock price of XYZ? 3. What is the adverse selection...
(Ratio Analysis): Last year Co. XYZ had sales of $ 400,000, with “cost of goods sold”...
(Ratio Analysis): Last year Co. XYZ had sales of $ 400,000, with “cost of goods sold” of $ 112,000. The firm had operating expenses of $ 130,000, and an increase in retained earnings of $ 58,000. There are currently 22,000 common shares issued and the firm pays $ 1.60 dividend per share. A. Assuming that the firm's profits are taxed at 34%, build an “Income Statement” for the firm. B. Compute the "Operating Profit Margin" for the signature. C. What...
Derivatives: Problem 5: Warren Co. purchased a put option on Echo common shares on January 7,...
Derivatives:
Problem 5: Warren Co. purchased a put option on Echo common shares on January 7, 2017, for $360. The put option is for 400 shares, and the strike price is $85 (which equals the price of an Echo share on the purchase date). The option expires on July 31, 2017. The following data are available with respect to the put option. Date Market Price of Time Value of Echo Shares Put Option March 31, 2017 $80 per share $200...
ABC Corporation is authorized to issue 1.000.000 shares of $1 par value common stock During 2020,...
ABC Corporation is authorized to issue 1.000.000 shares of $1 par value common stock During 2020, its first year of operation, the company has the following stock transactions. Jan. 1 Issued 100,000 shares of stock at $12 per share. Jan. 30 Attorneys for the company accepted 500 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value of $8,000. July 2 Issued 10,000 shares of stock...
A firm conducting an IPO of common stock sold 5 million new shares in the offering...
A firm conducting an IPO of common stock sold 5 million new shares in the offering at an offer price of $20 per share. After the offering, the firm had 10 million shares outstanding, and the price of those shares in the secondary market was $22. The total proceeds from the firm's IPO were ________. A) $300 million B) $50 million C) $110 million D) $440 million E) $100 million
Wildhorse Co. issued 500 shares of no-par common stock for $3500. Which of the following journal...
Wildhorse Co. issued 500 shares of no-par common stock for $3500. Which of the following journal entries would be made if the stock has stated value of $2 per share? A Cash 3500 Common Stock 1000 Paid-in Capital in Excess of Par 2500 B Cash 3500 Common Stock 1000 Paid-in Capital in Excess of Stated Value 2500 C Cash 3500 Common Stock 3500 D Common Stock 3500 Cash 3500
Tom purchased 100 shares of Dalia Co. stock at a price of $121.10 four months ago....
Tom purchased 100 shares of Dalia Co. stock at a price of $121.10 four months ago. He sold all stocks today for $122.48. During the year the stock paid dividends of $6.63 per share. What is Tom’s effective annual rate? Round the answers to two decimal places in percentage form.
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $41.51 six months...
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $41.51 six months ago. She sold all stocks today for $43.97. During that period the stock paid dividends of $1.38 per share. What is Mary’s effective annual rate? Round the answers to two decimal places in percentage form.
05) (SMARKS) A FIRM PURCHASED INVESTED IN) COMMON SHARES OF XYZ CO, WITH FOLLOWING DETAILS 2000 NO OF COMMON SHARES BOUGHT BUYNIG PRICE 540 BROKERAGE CHARGES FOR ALL THE SHARES $200 JOURNALIZE THE FOLLOWING TRANSACTIONS JOURNALIZE PURCHASE OF INVESTMENT STOKKS AND CALCULATE CONT PER SHARE B CALCULATE COST PER SHARE EARNED S 3 PER SHARE AS DIVIDEND INCOME JOURNALIZE ENTRY C D THE FIRM SOLD SHARES TO ABC CO. WITH THE FOLLOWING DETAILS NO OF SHARES SOLD TO ABC CO....
Common shares of XYZ Co. closed on the TSX yesterday at $15. Over the past month, the average price for these shares was $13. An analyst claims that such a share is really worth $20 and recommends buying it. The company has reported earnings per share of $1.50 in its most recent financial statements. Which of these values is the least subjective (Level 1) value for this share? O $1.50 O $13 O $15 O $20
please solve question 2, 3, 4, and 5.
2. XYZ, Inc. has issued 2 million new shares of stock. An investment bank agrees to underwrite these shares on a best-efforts basis. The investment bank is able to sell 1.4 million shares for $34 per share, and it charges XYZ $0.75 per share sold. How much money does XYZ receive? What is the profit to the investment bank? What is the stock price of XYZ? 3. What is the adverse selection...
Derivatives:
Problem 5: Warren Co. purchased a put option on Echo common shares on January 7, 2017, for $360. The put option is for 400 shares, and the strike price is $85 (which equals the price of an Echo share on the purchase date). The option expires on July 31, 2017. The following data are available with respect to the put option. Date Market Price of Time Value of Echo Shares Put Option March 31, 2017 $80 per share $200...
ABC Corporation is authorized to issue 1.000.000 shares of $1 par value common stock During 2020, its first year of operation, the company has the following stock transactions. Jan. 1 Issued 100,000 shares of stock at $12 per share. Jan. 30 Attorneys for the company accepted 500 shares of common stock as payment for legal services rendered in helping the company incorporate. The legal services are estimated to have a value of $8,000. July 2 Issued 10,000 shares of stock...
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