The table indicates that the founders should not have sold 400 shares in the series D round for $2.49 a share. The funding round lowered the value of the series A investors. Founder Shares OT2345670 1 8 O True O False funding round self pre-seed seed Series A Series B Series C Series D Series E IPO Total shares Outstandi sold to outside ng shares investors 1000 1400 1800 2200 2600 3000 3400 3800 4800 0 400 400 400 400 400 400 400 1000 outside investment percent sold to outside investor 0 0 28.57% $480.00 $576.00 22.22% $691.20 18.18% $829.44 15.38% $995.33 13.33% $1,194.39 11.76% $1,433.27 10.53% $10,000.00 20.83% 1000 1000 1000 1000 1000 1000 1000 1000 1000 Value of a founder Share $1 $1.20 $1.44 $1.73 $2.07 $2.49 $2.99 $3.58 $10
Q: Question: A company is a separate legal entity. briefly explain.
A: A company can be defined as a legal entity that is established by a group of individuals to operate…
Q: Calculate Melissa Allen’s tax liability for taxable income of $59,580. She files single and claims 3…
A: Since Melissa Allen files single, Rates given in Schedule X will be used for calculating the tax…
Q: Salaries Payable account nad a beginning balance of $ 28,000 on May 1. During the month of May…
A: The salary payable is the current liability for the business. It is the amount of salary expense…
Q: Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling…
A: Operating profit is the difference between revenue and costs of the business. Transfer price is the…
Q: Assuming the CPI is 144 at that time, prepare the appropriate journal entries related to the lease…
A: Lease is the contract between the two parties that is lessee and the lessor. The lessee is the one…
Q: The following information applies to the questions displayed below.] Haru is a self-employed…
A: b) In this case only half of the rate of interest will be deducted. Therefore 0.37 /2 = 0.185.
Q: Evaluate in terms of the framework, why it is appropriate to capitalize borrowing costs under…
A: As per IAS 23 Borrowing Costs, borrowing costs directly attributable to the acquisition,…
Q: Just prior to the end of the fiscal year, Climate Corporation reported the following information: $…
A: Corporate Actions - Corporate Actions includes Cash Dividend, Stock Split and Stock Dividend. Cash…
Q: Instead of investing the entire $1,062,000, Bogut invests $278,900 today and plans to make 9 equal…
A: Future Value Factor = Future Value / Amount Invested = 2,122,938 /…
Q: You want to be able to withdraw $35,000 from your account each year for 20 years after you retire.…
A: Present value (PV) is calculated when future value is known but the investor wants to know the…
Q: Rodriguez Company pays $331,695 for real estate with land, land improvements, and a building. Land…
A: Journal entry is the report which is prepared by the entity in order make a record of daily business…
Q: Rocky Guide Service provides guided 1 to 5 day hiking tours throughout the Rocky Mountains.…
A: As per the generally accepted accounting principles (GAAP), the point of revenue recognition is upon…
Q: Four of my friends each have a business. I purchase their businesses from them. Three of my friends…
A: You purchase the business of your Four Friends Three of your Friend Owed a Debt of 150 each Debt…
Q: Why would managers be willing to make decisions based on estimated revenues and expenses instead of…
A: The estimated revenues are the expected amount of revenues and estimated expenses are also the…
Q: Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces…
A: When a single activity is used for allocating overhead then a single overhead rate whereas in case…
Q: Boston Company purchased a $3,650,000 machine on January 1 of this year for $110,000 cash from the…
A: Notes payable: It implies to a written promise that is made by the maker of the note to other party…
Q: Sorry, to bother you but I am not sure where you came up with these numbers. They don't seem to be…
A: The original question deals with process costing where two or more processes are involved. Thus, we…
Q: Calculate Sam’s gross pay (he is entitled to time-and-a-half for overtime hours worked. Monday 9 1/4…
A: The sum of an employee's paycheck that is left over after payroll deductions such as taxes,…
Q: Key figures for Apple and Google follow. $ millions Cash and equivalents Accounts receivable, net…
A: The Statement of Financial Position - The statement of financial position is the position of the…
Q: Maldonado Steel invested in a new project that has an internal rate of return (IRR) of 9%. They…
A: IRR (Internal rate of return): IRR is the rate at which, present value of cash inflows equals to the…
Q: For each situation briefly explain the appropriate accounting treatment and how the information…
A: When a company sales any kind of tickets to its customers, company receives cash from the customer…
Q: Concord Construction Ltd. borrowed $370,000 from Atco Finance Ltd. on October 1, 2020, by issuing a…
A: Notes payable are a type of long-term liability that indicates the money that a company owes its…
Q: In 2021, a 52-year-old participant in a 401(k) plan may contribute a maximum of: Multiple Choice O O…
A: A qualifying profit-sharing plan may include a component known as a 401(k), which gives workers the…
Q: Maynard Inc. manufactures desks. The following data were given for production in February: Units,…
A: In the process costing system, units to account for means the units which are held by the entity as…
Q: A local Non for Profit had the following activity in October 2022: Cash Donations $200,000…
A: Revenue from contributions of services for NPOs is recognized in the same period when received.…
Q: The cash flows for a project are £3,000 in Year 1, £5,000 for Year 2, and £4,000 in Year 3. The…
A: The initial cost means the money that is required to start the project. The initial cost is also…
Q: On March 31, 2020, Cullumber Company paid $5,893,000 to acquire all of the common stock of Drive…
A: Fair value is the value at which the given assets can be sold in the market. Carrying value is the…
Q: Salaries Payable account nad a beginning balance of $ 28,000 on May 1. During the month of May…
A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…
Q: On January 1, 2021, EG Corporation granted 22 million options under its executive stock option plan…
A: Employee stock option plans seem to be a type of employee compensation plan that permits employees…
Q: did you get
A: When shares are issued , the issue price is par value plus additional paid in capital . The…
Q: Exercise 13-39 (Static) Estimate Cash Collections (LO 13-4) Hackett Produce Supply is preparing its…
A: The cash budget is prepared to estimate the cash receipts or cash payments during the period. The…
Q: The net present value (NPV) of the new wrapping machine is
A: Net present Value (NPV): Net present value (NPV) is the difference between the present value of cash…
Q: Munoz Sporting Equipment manufactures baseball bats and tennis rackets. Department B produces the…
A: Plantwide allocation It is one of the allocation methods under which the overhead costs is allocated…
Q: 3. Prepare a pension spreadsheet to assist you in determining end of 2024 balances in the PBO, plan…
A: Introduction Compensation obligation expected. The pension benefit obligation, or PBO, is the actual…
Q: A building is acquired on January 1 at a cost of $1,030,000 with an estimated useful life of eight…
A: The depreciation expense is charged on fixed assets as reduced value of the fixed asset with usage…
Q: Hw.19. KitchenArt Co. usually purchases its mixer inventory from Johnson Company every quarter…
A: Kitchen Art Co. usually purchased mixer from Johnson Company @ $35. Allison company offered the same…
Q: A local museum has its historical collections on display for the museum visitors. The majority of…
A: There are a few reasons why the not for profit would only show $1 for the historical collections.…
Q: service costing is the difficulty in defining a realistic cost unit. (iv) Inventory levels are…
A: Service costing is the cost associated with providing and delivering service . There are difference…
Q: A recent annual report for RVC contained the following information (dollars in thousands) at the end…
A: In order to increase the sales revenue the business entities sold the goods on a credit basis. Out…
Q: Straight Line Units of Production DDB
A: Introduction: - Depreciation is a non-cash expense. Depreciation is charged on fixed asset over a…
Q: Last year, your client and his wife gave their adult son a one-third interest in a commercial office…
A: Estate Tax The estate tax is a statutory tax imposed on the distribution of a decedent's property.…
Q: Using this table as needed, calculate the required information for the mortgage. (Round a Number of…
A: The given problem can be solved using PMT function in excel. PMT function computes installment…
Q: Autumn Company began the month of October with inventory of $16,000. The following inventory…
A: A periodic inventory system represents that the company would be required to count the inventory on…
Q: (c) If Whispering plants five seedlings at a cost of $4 per seedling for each tree cut, how should…
A: Generally, organizations use assets and apply depreciation to the asset. However, the majority of…
Q: Tinto Ltd obtained control of Suda ltd by acquiring 80% of the issued share capital of Suda ltd at 1…
A: Journal entry is a primary entry that records the financial transactions initially. The transactions…
Q: The records of Family Manufacturing show the following information: Estimated manufacturing overhead…
A: Lets understand the basics. If applied overhead is more than the actual overhead then overhead known…
Q: Question 1 Prepare the journal entry to record the receipt of interest on July 1 Question 2 Prepare…
A: Investment in treasury bills is a short-term investment made for the purpose of utilizing idle cash.…
Q: 1. Cut 2023 sales salaries of $60,000 in half and give sales personnel a commission of 2% of net…
A: I am providing the answers which are incorrect in the previous explanation and (d) part which was…
Q: A $40 million contract is awarded by a county for construction of a building. Bonds are issued to…
A: Restricted fund: It implies to a reserve account that is maintained and contained funds only for a…
Q: Can you give 3 examples of what kinds of operations are accounted for using a proprietary fund?
A: A proprietary fund is a type of fund used by businesses and government entities to account for…
10.
Step by step
Solved in 3 steps
- Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Number of Share Market Capitalization ($ millions) 1547.66 (millions) Stock Price = Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar Tractor (CAT) Microsoft (MSFT) $ 16.36 $ 61.96 $ 85.13 $597.63 $ 91.27 94.6 123.4 7645.86 $ 28,305.73 $ 88,090.66 332.5 147.4 7,705.0 $703,235.35 a. The price of Yum! Brands stock has risen to $185. What is the market value of the firm's equity if the number of outstanding sha does not change? (Enter your answer in billions rounded to 3 decimal places.) O Answer is complete but not entirely correct. Market value $33,114.270 8 b. The rating agency has revised Catalytic Concepts' bond rating to BBB (use Table 2.2). What interest rate, approximately, would the company now need to pay on its bonds? (Enter your answer as a percent rounded to 1 decimal place.) Interest rate Ac Graw Hill 1 of 8 Prev Next > MacBook Air…Which of the following is False in regards to Share premium account? a. It will be collected when the issue price is more than the par value of shares b. It will not be shown under current assets in the balance sheet c. It will be shown under the shareholders funds d. It will be collected when the par value of share is more than the issue price Trade receivables of XYZ SAOG company was OMR 16000 on 1st January 2019. A customer has gone bankrupt owing RO 1400, The debt is not expected to be recovered and an adjustment should be made at the end of the year 2019. An allowance for receivables of 5% is to be set up. What will be the Good Trade receivables to be shown under Current Assets on the balance sheet? a. OMR 13870 b. OMR 14600 c. OMR 15270 d. OMR 730ed A company has the following balance sheet (market values): Liabilities + Equity Debt Equity Assets Cash Operating Assets 600 1000 400 1200 If the firm has 300, find its fair share price after it repurchases 100 worth of shares: (round your answer to the nearest 0.01)
- (a) A Mutual Fund Co. has the following assets under it on the close of business as on: No. of Shares 1st February 2013 Market price per share( ?) 2nd February 2013 Market Price per share (7) Company P Ltd Q Ltd 10,000 15,000 10,000 20.00 20.50 312.40 360.00 R Ltd 361.20 383.10 S Ltd 30,000 505.10 503.90 Total No. of Units 3, 00,000 i) Calculate Net Assets Value (NAV) of the Fund. ii) Following information is given: Assuming one Mr. Basu, submits a cheque of 15, 00,000 to the Mutual Fund and the Fund manager of this company purchases 4,000 shares of Q Ltd; and the balance amount is held in Bank. In such a case, what would be the position of the Fund? iii) Find new NAV of the fund as on 2nd February 2013.DATE ) The shareholders statement of finiancial position of FGH company showi the folkwing equity secton of the as of January | 2021 Ordinary share capital Ploo stated valve sharcs author ized 40,000 shares autstandın g F 4,000, 000 Ordinary uhare Retained earnings 2,000,000 1, s00, prenium Puring the year the corporation declared the ff divedends Har ch I declared share a cash divedend April Is of FaS to share holders payable per of record of March 31 September olcelared F22 per share of record of a cash divederd of payable on sep. 30 to sharcholdes September 15 Prepart Journal Entries to recorl He dvance dectaratron dictlbution Teacher's Signature Parent's Signature0. Duing ih frst year of operationa. Victory, Inc. entered into the tollwing transactions retating to shareholders' equity, PIO por per share and 30.000 preference shares P50 par pet share, > March 14-Sold 50.000 crdinary shares for F100 per shore > Morch 15- Issued 20.000 orcinary shares ta lawyers in exchange tor legal services omiounting to P 300,000, > Morch 15- Sold 35.000 ot its ordinary shares ond 10,000 preference shares for P6.000,000. Fair value of the ordinary shore in PICO. November 20- hued 1.900 of ih ovdnary shares in exchange for equipmient for which the cauh price was known to be PI85.000. Baed on the preceding information, determine the totai shareholders' equity. , Victory's articles of incorporation authorized the issue of 240,000 ordinary shares.
- a corporation purchases 17000 shares of its own $20 par common stock for $25 per share, recording it at cost. What will be the effect on total stockholders' equity? A.) Increase by $425000 B.) Decrease by $425000 C.) Decrease by $85000 D.) Decrease by $340000 Please explain other options why these are incorrect dont use ai boats thank youIfyouareaninvestorhaving4,000sharesandtheboarddeclaresthedistributionof0.03additional shares per share already owned, how many stock dividends would you receive? a. 100 b. 120 c. 110 d. 140Analyse the information given in the table below and answer the questions below:Details Company A Company BShare price R60 R90Number of ordinary shares issued 10 000 000 10 000 000Market capitalisation 600 000 000 900 000 000Annual earnings R90 000 000 R120 000 000Earnings per share A BPrice/ Earnings (P/ E) Ratio C DREQUIRED:Please note that all theoretical answers should be in your own words and not directly from yourtextbook or any other source. Remember to add a list of resources (correctly referencedaccording to the Harvard method) at the end of your assignment. Calculate the missing amounts for A ‐ D.Round off your answers to 2 decimal places.
- ABP signment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=&inprogress=false Calculator Alliance Corp. issues 2,370 shares of $12 par value common stock at $15 per share. When the transaction is recorded, what credit entry or entries are made? Select the correct answer. Common Stock $35,550. Common Stock $7,110 and Retained Earnings $28,440. Common Stock $28,440 and Paid-in Capital in Excess of Par Value $7,110. Common Stock $28,440 and Paid-in Capital in Excess of Stated Value $7,11o. 4:03 PM1. In the context of choosing a share repurchase over declaring dividends, a share repurchase woulda. Decrease available financing whereas declaring dividends increase available financing.b. Increase earnings per share by decreasing the number of shares outstanding.c. Decrease earnings per share by decreasing dividends payabled. invlove all shareholders. 2. XYZ Corp. raised P50 million from bonds and P110 million from ordinary shares. It invested P150 million of these into operating assets. Subsequently, XYZ was offered a project that is similar to its operations but requires a higher level of insurance coverage. This would require P10 million in invested capital. What is the most likely discount rate to be used for evaluating this project?a. Weighted average cost of capitalb. A project-specific rate which is the adjusted incremental cost of capitalc. Incremental cost of capitald. A project-specific rate which is the adjusted weighted average cost of capital3. During the first five…CengageNOWv2 | Online teach x B Vincent Corporation has 92,00 x filrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Update : aps A corporation has 50,000 shares of $28 par stock outstanding that has a current market value of $150 per share. If the corporation issues a 4-for-1 stock split, the market value of the stock will fall to approximately Oa, Si12.00 Ob, S600.00 Oc. S37.50 Od. S7.00