Recently, Hale Corporation announced the sale of 2.5 million newly issued shares of its stock at a price of $21 per share. Hale sold the stock to an investment banker, who in turn sold it to individual and institutional investors. This is a secondary market transaction. True

Answers

Answer 1

Based on the fact that HALE sold the shares to an Investment banker, this cannot be said to be a secondary transaction. The statement is False.

What is a secondary market share transaction?

This refers to when shares have already been sold to individuals and institutional investors, and then these entities sell to other entities.

When a company sells directly to an investment bank which then sells it to others, this is a primary market transaction.

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Related Questions

A company has common stock with a $10 par value and fair market value of $15. The company exchanges 1,000 share of this common stock for an acre of land. I. The land will be debited for $10,000. II. Common stock account will be credited for $10,000 and no additional paid-in capital will be recorded.

Answers

In the given situation above, the journal entry will be that the land will be debited for $15,000; and the common stock account will be credited with $10,000 and the additional paid up capital account will be credited for $5,000. So, the given options do not hold true.

What is a journal entry?

A chronological recording of financial or accounting transactions of an organization in the journal books of the corporation, as and when they occur, is known as a journal entry.

Hence, the given conditions regarding the journal entry do not hold true.

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Production cost information for the Molding department follows. Beginning work in process Direct materials $ 49,000 Conversion 54,850 $ 103,850 Costs added this period Direct materials $ 293,000 Conversion 605,150 $ 898,150 Calculate the equivalent units of production for direct materials.

Answers

Based on the beginning work in process and the costs added in the period, the Equivalent Units of Production for direct materials is $342,000.

What is the EUP for direct materials?

This can be found by the formula:

= Beginning WIP for raw materials + Costs added this period

Solving gives:

= 49,000 + 293,000

= $342,000

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True or false: Personal savings, venture capitalists, and government agencies such as the Small Business Administration (SBA) are possible sources of capital or information when starting a small business.

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The possible sources of Small Business Administration which can provide assistance to small businesses are venture capitalists, personal savings, and government agencies.

What is meant by small business?

Small Business is a kind of business started with fewer working professionals and less income.

Small Business Administration is an authority that helped small businesses and entrepreneurs in establishing their businesses. They provide capital assistance through their sources like venture capitalist companies, government agencies, etc.

Therefore, the given statement is true as explained above.

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Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same time, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars

Answers

If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

How does the price of resources affect demand?

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

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The vatican’s swiss guard wears a uniform inspired by which famous renaissance painter?.

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The Vatican's swiss guard wears a uniform inspired by famous renaissance painter Raphael.

Who is the Swiss guard?

Since 1506, the Swiss Guard has provided protection to the Pope and his home, and this has not been modified. These men also share a desire to learn more about the most recent developments and practices in personal security, as well as a sense of discovery on the international stage.

Raphael (1483-1520 CE) was a painter and architect from Italian background who is considered one of the greatest Renaissance artists. Raphael produced a large body of work in the medium of oil painting, including a large number of masterpieces.

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After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago. In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified

Answers

Primary bear market is the way the past three months of the stock market classified. As After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago.

What is primary bear market?

Primary bear market refers when the price in market starts decline, and it declines more than 20%, it is accomplished by the negative investors and Bear markets can be either cyclical or long-term in nature. It takes more than 8 months.

This question has options that are given below

a. Primary bear market

b. Secular bull market

c. Primary bull market

d. Secular bear market

Thus, option A is correct.

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What is the depreciation tax shield if EBIT is $600, depreciation is $1,800, and the tax rate is 30 percent

Answers

The depreciation tax shield based on the EBIT, the tax rate and the depreciation is $540.

How do you find the depreciation tax shield?

This can be found as:

= Depreciation x Tax rate

Solving gives:

= 1,800 x 30%

= $540

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Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment

Answers

The managers get things done by using organizational resources such as: such as:

equipmentworkersinformation

What is an art of getting things done?

These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.

Therefore, the Option A, B, D is correct.

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find the average rate of change for the following and write a description about it

Answers

In order to find the rate of change of a function between two points, you should use the formula, ( f (b) - f (a) ) / (b - a).

How do you find the rate of change?

Using the formula;

= ( f (b) - f (a) ) / (b - a)

Where

b would be the second value of x and a would be the first value of x.

For instance, if you were to find the average rate of change in function:

y = 4x³ - 5x² + 1 in between x = -3 and x = 1.

The average rate of change would be:

= ( 4 (1)³ - 5(1)² + 1) - (4 (-3)³ - 5(-3)² + 1) / (1 - (3))

= 152 / 4

= 38

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Economics is the study of how individuals and societies allocate.

Answers

The field of Economics allows us to study how individuals and societies are able to allocate resources.

What is economics?

Economics is a field that studies the allocation of resources by a society to ensure that the needs of the society are met.

The reason the allocation of resources needs to be studied is because they are scarce and so have to be allocated with opportunity cost in mind.

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E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.

Answers

E-commerce ubiquity is the ability of an organization to create a strong presence among consumers.

What is E-commerce?

E-commerce can be regarded as the process involving crating a good presence so as to sell products to the consumer.

Therefore, it involves ability to sell in different locations.

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Jane and Fran work together and make the same amount of money. Jane owns her house, on which she has a mortgage, while Fran rents. Neither is able to put away any savings after paying their bills and other monthly expenses. If they both have the same net worth (assets minus debts) now, make a similar housing payment, and neither is able to save money over the next five years, who is likely to have a higher net worth at that time

Answers

Based on the description that we have here the person that is more likely to have the higher net worth is Jane because part of the monthly mortgage payment she makes goes to pay off her loan, thereby increasing her equity.

What is a mortgage?

This is the term that has to do with a lender and a person. The mortgage gives the lender the right to take over your property if you do not pay back what you have borrowed.

Mortgages are what people use to buy homes. When they pay back, they do so with interest.

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Assume that there are two major telecommunications companies in a country. Firm A controls 45%, and Firm B controls 37% of the telecommunications market. Firm C controls the remaining portion of the total sales. For the market structure to be an oligopoly, what must be true

Answers

The telecommunication market structure is considered an oligopoly market when there are high barriers to entry into the market.

What is a market?

A market is a place where the goods and services are being acquired by consumers and sold by retailers.

The oligopolistic market is a type of market structure where the control has been exercised by only the fewer firms over the entire market and doesn't allow new firms to enter the market. They initiate the barriers in the form of patenting of products, licenses from the government, adoption of expensive technology, etc.

Therefore, the creation of the barriers to entry of the new firms will mark the given market structure to be oligopolistic.

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General Product Inc. distributed 150 million coupons in 2021. The coupons are redeemable for 40 cents each. General anticipates that 70% of the coupons will be redeemed. The coupons expire on December 31, 2022. There were 45 million coupons redeemed in 2021 and 31 million redeemed in 2022. General recognizes coupon expense in the period coupons are issued. What was General's coupon liability as of December 31, 2021

Answers

General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.

What is coupon liability?

Coupon liability is a contingent liability arising from coupon redemption obligations.

As a potential future liability, only the amount that can be reasonably estimated should be recognized.

Data and Calculations:

Distributed coupons = 150 million

Coupon redemption cost per unit = 40 cents

Total potential liability from coupons = $60 million (150 million x $0.40)

Probability of occurrence = 70%

Estimated redeemable liability = $42 million ($60 million x 70%)

Redeemed coupons in 2021 = 45 million or $18 million (45 million x $0.40)

Recognized contingent liability for 2021 = $24 million ($42 - $18 million)

Thus, General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.

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To cover anticipated cash shortages, management can ______. Multiple select question. hire more skilled employees to increase sales refinance to change the repayment plan of past borrowings purchase additional property, plant and equipment to increase assets plan financing activities to borrow money

Answers

To cover anticipated cash shortages, management can refinance to change the repayment plan of past borrowings. Option B. This is further explained below.

What is finance?

Generally, finance is simply defined as government or big business control over huge sums. of money.

In conclusion,  Management has the option of refinancing to adjust the repayment schedule of prior borrowings in order to address expected cash shortfalls.

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A strategy of spreading investments among different industry sectors is
called
A. regulation
B. savings
C. growth
D. diversification

Answers

Answer:

diversification

Explanation:

because it is a technique that reduce risk by allocating investments across various industries

A farmer bought a scratch ticket and found out later that he won $1,200,000. After 35% was deducted for income taxes he invested the rest; some at 3.5% and some at 5.75%. If the annual interest earned from his investments is $33,600, find the amount he invested at each rate.

Answers

The amount invested at 3.5% interest rate is $5,000.

The amount invested at 5.75% interest rate is $775,000.

What are the linear equations that represent the question?

Total amount invested = ( 1 -tax rate) x amount won

0.65 x 1,200,000 = $780,000

a + b = $780,000 equation 1

0.035a + 0.0575b = $33,600 equation 2

Where:

a = amount invested at  3.5% interest rate b = amount invested at  5.75% interest rate What are the amounts invested at  3.5% and 5.57% interest rate ?

Multiply equation 1 by 0.0575

0.0575a + 0.0575b = 44,850 equation 3

Subtract equation 2 from equation 3

11,250 = 2.25a

a = 11,250 / 2.25

a = $5000

In order to determine the value of b , subtract $5000 from 780,000.

780,000 - 5000 = $775,000

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Higher cash flows earlier in a project's life are Blank______ valuable than higher cash flows later on.

Answers

When we get higher cashflows in a projects life at an earlier period, these are more valuable than later on.

Why are earlier cashflows more valuable?

When we receive higher cashflows earlier on in a project's life, the discounted values of these cashflows will be higher.

This is as opposed to receiving them later on where the discounted values will be lower on account of there being a longer period to discount over.

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As director of a small art gallery, one of Frederica's major concerns is the preferences of the people who buy her artists' work. Frederica recognizes that the center of her marketing efforts is

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Frederica's major concerns are the preferences of the people who buy her artists' work. So, he recognizes that the center of her marketing efforts is the customers.

What is market effort?

Market efforts is a measure of resources committed to the promotion of goods and services. It is a business strategy of  targeting  customers to stimulate demand for products  and also beat the threats of competitors. It is always directed towards the consumers, being the main source of revenue generation.

Market efforts must be effective to achieve its aim. To manage this, these steps must be observed, goals, audience, campaign tools, resources identification.

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if your monthly fixed cost is 22,000$ and the unit price of a vase is 240$ and your cost per shirt is 40% of the unit price.how many vases do you have to produce to make profit?

Answers

You will have to produce : 18 vases to make a profit

Given data

Monthly fixed cost = $22000

unit price of vase = $240

cost per shirt = 40% * $240 = $96

Determine the number of vases to be produced

To make a profit ; revenue has to greater than cost

Total cost = 22,000

unit costs : vase = $240 , shirt = $96

Total number of shirts and vase bought = 22000 / ( 240 + 96 )

= 22000 / 336 ≈ 65

Therefore number of vase you need to buy will be 2.5 times lower than the shirts because of the unit cost

x ( number of vase ) = 65 / 3.6 ≈ 18 vases

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_____ are not included as a payroll deduction.
a. charitable donations
b. federal taxes
c. insurance premiums
d. food expenses

Answers

Charitable donations are not included as a payroll deduction.

What are payroll deductions?

Payroll deductions is the money deducted from workers or employee salary.

The money is deducted to cover up for taxes and other duties.

Therefore, Charitable donations are not included as a payroll deduction

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Answer: food expenses

Explanation:

just had that question

Country A specializes in producing kiwis. Country B specializes in producing oranges. As a result, Country A can consume more kiwis and oranges than it could have if it had tried to grow kiwis oranges itself and had decided not to trade. This illustrates the concept of: Group of answer choices The gains of trade Absolute advantage Supply

Answers

This scenario better illustrates the concept of absolute advantage, as both countries are specialized in one product.

What is the absolute advantage?

It is an economic approach that helps to understand how a country's specialization in the production and sale of a product and service helps economic development, as there can be trade between countries with different specializations, generating funds obtained from the export of goods.

Therefore, absolute advantage helps countries to trade and develop economically.

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Economics: The supply of a good available in a market is likely to decrease when:
A. companies believe that the product's selling price will go up.
B. governments reduce regulations and taxes on a product.
O C. few workers have the skills needed to create the product.
D. technology used to make the product becomes widely available.
SUBMIT

Answers

Answer:

c. few workers have the skills needed to create the product

Explanation:

What health issue did Feiler face that led him to consider his family?

Answers

that would probably be his family i think

Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!

Answers

The establishment/items that can ave a single owner includes:

Sole proprietorshipPrivate corporationNon-profit corporation

What is a single owner?

This refers to any form of establishment that can be owned and operated by a natural person.

Therefore, in the list, the Sole proprietorship, Private corporation and Non-profit corporation are establishment that can have a single owner.

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Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.

Answers

A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

What is a subsidized loan?

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

Hence, subsidized loan is explained as above.

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In 2021, Robert takes four key clients and their spouses out to dinner at a local restaurant. Business discussions occurred over dinner. Expenses were $700 (drinks and dinner) and $140 (tips to servers). If Robert is self-employed, how much can he deduct for this event

Answers

The amount deductible by Robert for year 2021 against the meal and entertainment expenses will be 50% that is $420 from the total expense amount of $840.

What is business deductions?

The business deductions are the amounts those are allowed to be deducted while filling the income tax. There is certain criteria to deduct different expenses.

As per the IRS regulation, when the tax payer is self-employed then the amount that can be deducted against meal and entertainment can be 50% of the total expense.

Therefore, Robert can deduct only $420 from the taxable income.

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Over the past year, you earned a nominal rate of interest of 8% on your money. The inflation rate was 3.5% over the same period. The exact actual growth rate of your purchasing power was A) 15.55%. B) 4.35%. C) 5.02%. D) 4.81%. E) 15.04%.

Answers

Answer:

a

Explanation:

it worked for me so hope it work

The main reason most international transactions require full payment before the buyer receives the merchandise is:.

Answers

An underlying lack of trust. An excess of factor endowments is the main reason most international transactions require full payment before the buyer receives the merchandise.

What is the main reason of international full payments' requirement?

People act in various ways for various reasons. The basic reason that most overseas transactions demand full payment before the buyer receives the goods is that there is a fundamental lack of confidence.

When there is a lack of trust in commercial interactions, it opens the door to a lot of negative thoughts, actions, and feelings. Lack of trust has led to discouragement, depression, and the possibility of self-harm.

There are options missing in the question of which are given below-

a. strict government regulations.

b. an underlying lack of trust. an excess of factor endowments.

c. to trigger lower tariffs.

d. the inability to charge interest on the cost of goods.

Thus, option B is correct.

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What is the percentage of people living in poverty in paraguay? 1% 45% 15% 32%

Answers

The most recent figures show that the percentage of people who live in poverty in Paraguay is 15%.

How many people live in poverty in Paraguay?

Paraguay has had its fair share of problems since it gained independence which has led to about 15% of its population living in poverty.

Current figures however show that there are less people living in poverty than the year before which points to economic growth.

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Answer:c

Explanation: edge 2022

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