Corporate accounting assignment

Assignment Help Term Paper
Reference no: EM1397685

Part A: 

The last few years have been difficult economically but the owners of Johnsons P/L, a medium-sized manufacturer of quality dining furniture is keen to grow the business. They have seen an increase in demand for their products from overseas and feel that they will need to increase their operation in order to continue to meet this demand. They are currently looking at a number of options to finance this expansion such as through debt and through equity raising (meaning they will need to "go public"). They have determined that they need to raise $60 million.

Giving consideration to the various options, you have been requested to advise the owners of Johnsons what the various options are, outlining the positives and negatives of each.

Required: write a report (should be extensive) to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.

Part B

Regardless of the advice you have given (Part A), the owners have decided to go "public" and issue an 'IPO" They issue 30 million shares ($2.00), of which the payment on application is to $0.80 per share (closes 18th April 2013), $0.50 four weeks after allocation (allocation is 12th May 2013) and the remaining amount to be paid on 30th June 2013. The IPO attracts requests for 30.4 million shares. In this case, it exceeds the allowable number of shares and the directors decide to apply the "first-come, first-served" approach and return the excess back to the unlucky applicants

Required: You are to journalise the events (including dates and notations). You should assume that all monies were received on 18th April (applications).

Reference no: EM1397685

Questions Cloud

Describe the steps involved in converting the information : Describe the steps involved in converting the information from the .csv file to Excel as well as what steps you will take to assure the data is functional for your purpose
Determine what competitive compensations each company : Research as well as describe the internal as well as external environments of 2 to 3 real-world companies using an environmental scan. Determine what competitive compensations each company has as well as what strategies each company is using.
Food processing plant-maintenance peformance : At a food processing plant, a machine produces 10 lb bags of sugar. In this particular process, it is important that the sugar content does not go below 9.9 lbs. In fact, when the bags of sugar are less than 9.9 lbs, maintenance is performed on th..
Performance against the leadership characteristics : Choice a current or a past president of the United States and assess his performance against the leadership characteristics discussed in the text.
Corporate accounting assignment : HA2032 CORPORATE ACCOUNTING ASSIGNMENT - write a report to the owners detailing ALL the different options and considerations that you feel the owners should consider raising the $60 million.
Explain two-year cell-phone service contract : Intoxicated however fully aware of the consequences, Uri decides to a two-year cell-phone service contract with Wander Talk Inc., at morethan the average market price. This contract is 1) Enforceable.
Find best experimental protocol to test preference : Which of the following is the best experimental protocol by which to test the preference of an herbivore for one of two plants.
Probability that an individual will die from bird flu : Suppose in a population of 100,000, the probability that an individual will die from bird flu in a given winter is .00009. If the data fits a Poisson distribution, then the mean number of people in that population that will die from bird flu in on..
Explain accepted as a sequel of an occupational injury : Individuals may perhaps develop a habit of continuing to rub a site initially affected by irritant contact dermatitis and may develop secondary neurotic mastitis or lichen simplex chronic us (Identification), which may be accepted as a sequel of a..

Reviews

Write a Review

Term Paper Questions & Answers

  Write psychology assignment

From module 1 and 2, I learned that behaviors, emotions, and mental processing, fall into three categories. The three categories that they fall under are biological influences, psychological influences, and social - cultural influences

  Explain biographical information for each woman

Script the conversation between two notable women from 8th and/or 19th century on roles women must play in society. Within dialogue, incorporate.

  Plan for the optimal use of the promotional mix elements

Promotional strategy is a plan for the optimal use of the promotional mix elements.

  Significance of making critical evaluations of news stories

Write down the 700 words or more paper clarifying significance of making critical evaluations of news stories. Use the following questions to develop paper.

  Personal financial planning

The basic requirement is the preparation of a financial report that provides specific advice for clients

  Proposal about decentralization registration

Proposal about decentralization registration in Rustaq general hospital which contained clinics morning shifts only but in emergency department for three shifts.

  Egypt in turmoil and united states and central america

Discussion on  Egypt in Turmoil and  United States and Central America.

  Define several psychological principles

Based on the chapter on Altruism, define several psychological principles you could use to appeal to people, and specify how you would use them in this context.

  Devastating catastrophe which has occurred in history

Write a paper on a devastating catastrophe which has occurred in Canadian history.

  Case study and research paper

Google Case and Chipotle Case

  Sociology term paper

Sociology term paper:  How does Canada's approach to multiculturalism compare to that of other nations?  APA sytle with a minimum of 10 sources and all in paper quote properly cited.

  Word research paper on the economic

Word research paper on the economic and Social or environmental effects of the widespread use of robots in factories

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd