User Account

All Pages

Moonscape has just completed an initial public offering the

Assignment Help Accounting Basics
Reference no: EM13566794

Moonscape has just completed an initial public offering. The firm sold 4 million shares at an offer price of $10 per share. The underwriting spread was $.6 a share. The price of the stock closed at $14 per share at the end of the first day of trading. The firm incurred $400,000 in legal, administrative, and other costs. What were flotation costs as a fraction of funds raised?Fraction of funds raised__ %?

Reference no: EM13566794

Questions Cloud

Miranda wants to open a flower shop in four years after : miranda wants to open a flower shop in four years. after completing her planning process miranda estimates she will
The connors companys last dividend was 100 its dividend : the connors companys last dividend was 1.00. its dividend growth rate is expected to be constant at 15 for 2 years
A treasury bond is quoted at a price of 10114 with a : a treasury bond is quoted at a price of 10114 with a current yield of 7.236 percent. what is the coupon rate?a. 7.20
There are many differences between financial and managerial : 1.use the cash flow on total assets ratio to determine which of these three companies is using its assets most
Moonscape has just completed an initial public offering the : moonscape has just completed an initial public offering. the firm sold 4 million shares at an offer price of 10 per
You plan to deposit the funds in a mutual fund that you : you want to go to europe 5 years from now and you can save 3100 per year beginning one year from today. you plan to
What is the amount of dividends declared and distributed in : freebird company a merchandiser recently completed its 2013 calendar year. for the year 1 all sales are credit sales 2
After the tangible assets have been adjusted to current : after the tangible assets have been adjusted to current market prices the capital accounts of harper and kahlil have
What effect will a two-for-one stock split have on the : what effect will a two-for-one stock split have on the following items found on a firms financial statements?a earnings

Reviews

Write a Review

Accounting Basics Questions & Answers

  Brief report for the strategic management committee

Prepare a brief report for the Strategic Management Committee outlining the key points of your findings and calculate and discuss the likely impact of the changes

  Journal entries associated with changes due to error

Prepare journal entries associated with changes due to errors. How do they relate to the practice of accounting and its uses in business?

  Roi and residual income-new product line

Compute the East Division's ROI for last year; also compute the ROI as it would appear if the new product line is added and compute the East Division's residual income for last year; also compute the residual income as it would appear if the new pro..

  How much is the debit to retained earnings

How much is the debit to retained earnings if the board votes a 2-for-1 stock split and prepare the necessary journal entries if the board votes a 100% stock dividend.

  Fireout inc manufactures steel cylinders and nozzles for

fireout inc. manufactures steel cylinders and nozzles for two models of fire extinguishers 1 a home fire extinguisher

  What is the difference between unit-level and batch-level

What is the difference between: unit-level, batch-level, product-level, and facility-level activities?

  Expenses for the year were 22000 dividends declared totaled

ending liabilities are 67000 beginning equity was 87000 common stock sold during year totaled 31000 expenses for the

  Would you invest in this company explain why or why not

Review the annual reports for PepsiCo, Inc. and The Coca-Cola Company in Appendixes A & B of Financial Accounting (6th ed.).  Select either PepsiCo, Inc. or The Coca-Cola Company.  In your estimation, the company you chose may be financially healthie..

  Journalize the adjusting entry at december

The ledger of Molina Company at the end of the current year shows Accounts Receivable $86,000; Credit Sales $780,000; and Sales Returns and Allowances $40,000.

  Constraint at bulman corp

The constraint at Bulman Corp. is time on a particular machine. The company makes three products that use the machine. Data appears below:

  If ohare developed a cash flow statement for 2010 using the

ohare companys only asset as of january 1 2010 was a limousine. during 2010 only the following three transactions

  Compute progressive fixed asset turnover ratio

Compute Progressive fixed asset turnover ratio for 2015.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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