1. Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:
| Year 1: |
$10,000 |
| Year 2: |
45,000 |
| Year 3: |
90,000 |
Determine the dividends per share for preferred and common stock for the first year.
a.$2.00 and $0.00
b.$0.00 and $0.10
c.$0.50 and $0.00
d.$0.50 and $0.10
2. When Wisconsin Corporation was formed on January 1, the corporate charter provided for 100,200 shares of $8 par value common stock. The following transaction was among those engaged in by the corporation during its first month of operation: The corporation issued 7,310 shares of stock at a price of $22 per share.
The entry to record the above transaction would include a
a.debit to Cash for $58,480
b.credit to Common Stock for $160,820
c.credit to Paid-in Capital in Excess of Par for $102,340
d.debit to Common Stock for $100,200
3.
The Sneed Corporation issues 9,600 shares of $47 par preferred stock for cash at $64 per share. The entry to record the transaction will consist of a debit to Cash for $614,400 and a credit or credits to
a.Preferred stock for $451,200 and Paid-in Capital in Excess of Par Value−Preferred Stock for $163,200.
b.Preferred Stock for $451,200 and Retained Earnings for $163,200.
c.Paid-in Capital from Preferred Stock for $614,400.
d.Preferred Stock for $614,400.
4.
Alma Corp. issues 2,830 shares of $12 par common stock at $18 per share. When the transaction is recorded, credit(s) are made to
a.Common Stock $33,960 and Paid-in Capital in Excess of Stated Value $16,980.
b.Common Stock $33,960 and Paid-in Capital in Excess of Par Value $16,980.
c.Common Stock $16,980 and Retained Earnings $33,960.
d.Common Stock $50,940.
In: Accounting
Beyond Meat (ticker: BYND), makers of the Beyond Burger, raised funds in the capital markets via an initial public offering (IPO) conducted in May 2019 (To find out more, you can follow this embedded link.). The Beyond’s final IPO prospectus filed with the SEC showed that 9,625,000 shares common stock were sold at an offer price of $25 per share and with underwriting discounts and commissions of $1.75 per share.
Go to Yahoo Finance and find the first-day secondary-market closing price for Beyond Meat (BYND) on May 2, 2019. Under the Summary menu, you can find the closing price on May 2, 2019 by selecting Max for the chart and sliding your cursor to the fart left over the date May 2, 2019 (the date is shown in the black bar above your cursor and the corresponding closing price is shown in the black indicator on the right side of the chart). You can also find closing prices by using the Historical Data menu and selecting the time period and frequency (when using prices to calculate returns you generally want to use the adjusted closing price).
Find Beyond Meat’s final IPO prospectus dated May 1, 2019 by going to SEC.gov, FILINGS, Company Filing Search, Company and Person Lookup, Beyond Meat, Inc. (BYND). Look for filing type 424B4 with filing date 2019-05-03, then click on Documents, then click on “beyondmeat424b4.htm”.The first two sentences on the cover of the final prospectus should be “This is the initial public offering of shares of common stock of Beyond Meat, Inc. Prior to this offering, there has been no public market for our common stock.” Search the final prospectus for the term “Common stock to be outstanding after the offering” to determine the number of shares of common stock outstanding immediately following the IPO (excluding the underwriter’s option to purchase additional shares).
Questions:
Based on the information on the front page of the IPO final prospectus, how many investment banks are in the underwriting syndicate?
Calculate the underpricing for Beyond’s IPO.
Calculate Beyond’s market capitalization at the close of the first-day of second-market trading.
Calculate the money left on the table in Beyond’s IPO.
Share any thoughts you might have regarding Beyond’s IPO.
In: Finance
Identify the distribution and give a symbolic expression for each indicated probability, identifying parameters. Then use Mathematica or Excel to evaluate the indicated probabilities.
In: Math
I keep getting minor errors I can't figure out and I don't know
how to convert decimal .10 to percentage 10%
either.
With these functions defined now expand the program for a company
who gives discounts on items bought in bulk.
Create a main function and inside of it ask the user how many
different items they are buying.
For each item have the user input a price and quantity, validating
them with the functions that you wrote.
Use your discount function to find the discount for each item's
quantity and calculate the discounted price.
Print the discounted price in $9,999.99 format
Sum the discounted totals for all items and display this grand
total at the end.
Print the percentages in 99.9% format.
In addition to summing the discounted totals, also sum the
un-discounted totals.
At the end display both of these values and then calculate and
print the overall percentage saved in 99.9% format.
def discount ():
discount = 0.00
if quantity >= 0 and quantity <= 19 :
discount = 0.00
if quantity >= 20 and quantity >= 49 :
discount = 0.05
if quantity >= 50 and quantity <= 99 :
discount = 0.08
if quantity >= 100 :
discount = 0.10
return discount
# user input quantity
def quantity ():
quantity = 0
quantity = int (input ('What is the quantity? '))
while quantity < 1 or quantity > 2000 :
print ('Error, Please enter a quantity between 1 and 2000.')
quantity = int (input ('What is the quantity? '))
return quantity
# user input price
def price ():
price = 0.0
price = float (input ('What is the price? '))
while price < 0.0 :
print ('Error, the price must be greater than $0.00')
price = float (input ('What is the price? '))
return price
# main
def main ():
for i in range (items)
items = int (input ('How many different items are you purchasing?
'))
quantity ()
discount ()
price ()
Total_price = sum (price)
Total_discount = sum (discount)
Discounted_price = price - (price * discount)
Total_Discounted_price = Total_price - (Total_price *
Total_discount)
print ('For item ',i +1,,' ' Discounted_price, ' with a ',
discount, format (.2f, sep=''))
print ('Total order is ', Total_Discounted_price, ' with a ',
Total_discount, format (.2f, sep=''))
#initiate
main ()
In: Computer Science
The following information is available for the employees of Webber Packing Company for the first week of January Year 1:
Assume the Social Security tax rate is 6.0 percent on the first
$110,000 of salaries and the Medicare tax rate is 1.5 percent of
total salaries. The state unemployment tax rate is 5.4 percent and
the federal unemployment tax rate is 0.6 percent of the first
$7,000 of salary for each employee.
c. Prepare the journal entry to record the payment of the payroll for the week. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.)
In: Accounting
You are offered an annuity that will pay you 10,000 at the end of each year for 20 years, with the first payment being in 10 years from today. If the interest rate is 12% annually, what is this annuity worth to you today?
Martha receives $1000 on the first of each year. Stewart receives $100 on the last day of each year. Both Martha and Stewart will receive payments for 11 years. At an 8% discount rate, what is the difference in the present value of these two sets of payments?
What is the present value of a perpetuity that will pay $10,000 in one year and grow at 3% annually, if the discount rate is 10%. (first payment at the end of this year).
Ben invested $5,000 twenty years ago in an account that has paid him 5% with semiannual compounding. How much does Ben have in his account today.?
You plan on investing $10,000 at the end of each year for the next 20 years. You found an investment that will pay you 8% annual percentage rate with daily compounding. How much will you end up in your investment account at the end of 20 years?
In: Finance
Write a program to prompt the user to display the following menu:
Guess-Number Concat-names Quit
Guess a number: 76
96:
Too large
10
Too small
70
Close
Do you want to quit? Q
How many names: 3
First name last name Combined
Sue Smith Sue Smith
Alan Davidson Alan Davidson
David Lee David Lee
Do you want to quit? Q
C++
In: Computer Science
A computer game simulates drawing three coloured balls from a basket. The basket contains red balls (colour #1), green balls (colour #2) and yellow balls (colour #3). If certain combinations of red, green and/or yellow appear, the player wins the game.
The player wins if
otherwise the player loses.
Write a Python program to simulate this coloured ball game by randomly generating 3 integer values between 1 and 3 (inclusive), and printing whether the player has won or lost the game.
To randomly generate a number between and including 1 and 3, use the randintmethod from random library module. For example, x = random.randint(1,100) will automatically generate a random integer between 1 and 100 (inclusive) and store it in x.
Sample output 1:
Random numbers: 3 1 2 You lose.
Sample output 2:
Random numbers: 3 3 3 You win!
In: Computer Science
There are five primary causes of hypoxaemia (low blood oxygen content):
The first four of these can be helped by giving the patient oxygen which in turn increases their arterial PO2. However, giving oxygen has little impact on a patient with a pulmonary shunt.
For each of the above causes, briefly (1-2 sentences) describe how it would lead to low arterial PO2. Then describe why giving a patient 100% oxygen would increase their arterial PO2 (for the first four), and why it would not significantly improve in a patient with a pulmonary shunt. Explain your reasoning. 4 and 5 are the most challenging and will require more description than the first 3. (2-6 total sentences each)
Diffusion Limitation :
Hypoventilation :
Reduced atmospheric oxygen :
V/Q Mismatch:
Shunt
In: Anatomy and Physiology
C++ PLEASE
Write a program to prompt the user to display the following menu:
Guess-Number Concat-names Quit
Guess a number: 76
96:
Too large
10
Too small
70
Close
Do you want to quit? Q
How many names: 3
First name last name Combined
Sue Smith Sue Smith
Alan Davidson Alan Davidson
David Lee David Lee
Do you want to quit? Q
C++ please
In: Computer Science