The market value of the marketing research firm fax facts

Assignment Help Accounting Basics
Reference no: EM13566800

The market value of the marketing research firm Fax Facts is $400 million. The firm issues an additional $150 million of stock, but as a result the stock price falls by 3%. What is the cost of the price drop to existing shareholders as a fraction of the funds raised? (Enter your answer in millions.) Cost of the price drop $ ______million?

Reference no: EM13566800

Questions Cloud

Pandora inc makes a rights issue at a subscription price of : pandora inc. makes a rights issue at a subscription price of 7 a share. one new share can be purchased for every seven
A public issue of 10 million face value of 10-year debt the : you need to choose between the following types of issues a public issue of 10 million face value of 10-year debt. the
For 2012 lbj corporation reported net income of 75000 net : for 2012 lbj corporation reported net income of 75000 net sales 750000 and weighted average shares outstanding of 7500.
If the spot rate of the israeli shekel is 551 shekels per : if the spot rate of the israeli shekel is 5.51 shekels per dollar and the 180-day forward rate is 5.97 shekels per
The market value of the marketing research firm fax facts : the market value of the marketing research firm fax facts is 400 million. the firm issues an additional 150 million of
How much money did the company receive before paying its : when microsoft went public the company sold 3 million new shares. in addition existing shareholders sold .5 million
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

Reviews

Write a Review

Accounting Basics Questions & Answers

  Appropriate entry to record the budget

A public school district formally adopted a budget with estimated revenues of $500 and approved expenditures of $490. Which of the following is the appropriate entry to record the budget?

  Compute the cost of the ending inventory and the cost of

jones company had 115 units in beginning inventory at a total cost of 12650. the company purchased 220 units at a total

  J&j sells its toothpaste to a wholesaler

J&J sells its toothpaste to a wholesaler

  The future value of 500 invested at 8 percent for one year

find the following values for a lump sum assuming annual compounding the future value of 500 invested at 8 percent for

  Determine the cost of batteries that would appear in each

the devon motor company produces motorcycles. during aprilthe company purchased 8000 batteries at a cost of 10 per

  Basics of overall net operating income

Fixed expenses charged to the department are $65,000 per year. It is estimated that $40,000 of these fixed expenses could be eliminated if the department is discontinued. These data indicate that if the department is discontinued, the company's ov..

  Prepare aero journal entries for the initial transaction

The implied interest rate is 12%. Prepare Aero's journal entries for the initial transaction, recognition of interest each year, and the collection of $20,000 at maturity.

  Initial value method in accounting for the combination

One company acquires another company in a combination accounted for as an acquisition. The acquiring company decides to apply the initial value method in accounting for the combination. What is one reason the acquiring company might have made this..

  Where is the product manufactured

Where is the product manufactured?

  Eliminating the accumulated depreciation

Assume Candy Company accounts for accumulated depreciation by eliminating the accumulated depreciation against the gross carrying amount of the asset and restating the net amount to the revalued amount of the asset.

  Corporation as a contribution to capital

Mary and Jane, unrelated taxpayers, hold Gray Corporation's stock equally. One year before the complete liquidation of Gray, Mary transfers land (basis of $600,000, fair market value of $180,000) to Gray Corporation as a contribution to capital.

  Explain the following generally accepted accounting

explain the following generally accepted accounting principles gaapa. going concernb. conservatismc.

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