Reference no: EM1355970
American Superconductor switch; Westboro company plans to raise money through a stock offering Andi Esposito. Telegram & Gazette. Worcester, Mass.: Aug 26, 2003. pg. E.1
Abstract (Article Summary)
'AMSC's management and board of directors believe the decision to forgo a secured debt financing and to adopt an equity financing strategy under current market conditions is in the best interests of our shareholders," said Gregory J. Yurek, chief executive officer of AMSC. The 265-employee company has operations in Westboro and Devens and in Wisconsin.
Finally, the Northeast blackout "shined a lot of light on the problems we have been talking about as a company for three to four years," Mr. Yurek said. AMSC products, such as a system installed this year in the aging Connecticut grid and high temperature superconductor power cables and other devices bought by China for its grid, are designed to improve the cost, efficiency and reliability of systems that generate, deliver and use electric power. "We are a company with products out there solving problems today," he said.'
Then answer the following questions:
What are the advantages and disadvantages for AMSC to forgo their debt financing and take on equity financing? Do you agree with their decision?
Explain both of your answers thoroughly. Be sure to support your opinions with references to the background materials or other articles.
|
Design a website to allow calculation of areas
: Design a website to permit calculation of areas. A radio button list can be used to allow the user select what type of area to be calculated. Once the selection is done, the input text boxes should be displayed with the proper labels.
|
|
Find the total costs
: Gamma Corporation is planning a two-step buout of Delta Corporation. Delta Corporation has 2,000,000 shares outstanding and its stock value is currently $40 per share.
|
|
Prepare journal entries for gardener corporation
: The following is a list of transactions entered into during the first month of operations of Gardener Corporation, a new landscape service. Prepare in journal form the entry to record each transaction.
|
|
Evalute the area of consumer surplus and producer surplus
: Evalute the area of consumer surplus and producer surplus for the profit maximizing monopoly.
|
|
Advantages and disadvantages for debt financing
: American Superconductor switch; Westboro corporation plans to raise money through a stock offering Andi Esposito. Telegram & Gazette. Worcester, Mass.: Aug 26, 2003. pg. E.1
|
|
Create a website to allow pizza shop employee to enter order
: Create a website in asp.net to allow the pizza shop employee to enter customer orders. The size of the pizza cam be entered using a drop down list, and the quantity be entered using a text box.
|
|
Journal entries for collections with cash discounts
: Prepare the journal entries to record the November 17, 2011 (ignore cost of goods) and collection on November 26, 2011, assuming that the gross method of accounting for cash discounts is used.
|
|
Find the pretax economic value
: TKK has $1 billion of capital invested in several projects that are expected to create a pretax operating profit of $170 million next year. TKK has an estimated tax cost of capital of 15 percent
|
|
Depreciation and payroll journal
: Illustrate the effect on the account and financial statements of paying and recording the March 17th payroll. Determine the following amounts of the employer payroll taxes related to the March 17th payroll: a) FICA tax payable b)state unemployment t..
|