A company issued 30,000 equity shares which were underwritten by X. The company received application for 36,000
Question:
A company issued 30,000 equity shares which were underwritten by X. The company received application for 36,000 shares. Hence, X will get his commission on the issue price of ___________ shares.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
You are working to board a flight and you are a few minutes behind schedule. Your supervisor notifies you that another aircraft will need your gate shortly. You do not know if you have enough time to...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
For each of the following situations, determine what is covered by the personal auto policy.Indicate what part of the policy covers the loss and how much will be paid by the insurance company. If the...
-
Under what circumstances can the following taxpayers defer recognition of prepaid income beyond the year of receipt? a. A cash basis taxpayer b. An accrual basis taxpayer
-
Graph the inverse of each one-to-one function. w y menn 0 - I
-
(Cash-flow analysis, replacing equipment) The Car Clean company operates a car wash business. The companys current cleaning machine was bought 2 years ago at the price of $60,000. The life span of...
-
Cragsmore & Company, a medium-sized partnership of CPAs, was engaged by Marlowe Manufacturing, Inc., a closely held corporation, to audit its financial statements for the year ended December 31,...
-
In this activity, you have an opportunity to practice writing an executive summary similar to the one you must create for your final project. The executive summary is typically written after the case...
-
Raj Ltd., issues 20,000 equity shares of Rs. 10 each at par. The issue was underwritten by Kala & Co. for maximum commission permitted by law. The public applied for and received 16,000 shares....
-
True or False. The underwriters may be an individual, partnership firm, banks financial institutions or joint stock companies.
-
What do the following expressions evaluate to? 'Hello world!'[1] 'Hello world!'[0:5] 'Hello world!'[:5] 'Hello world!'[3:]
-
EduVista Innovations Ltd (EduVista) was established as a collaborative effort between LearnUp Foundation Ltd (LearnUp), a non-profit organization dedicated to improving access to quality education,...
-
2. Victoria Font is the manager of a restaurant in a state that allows the restaurant's owner to deduct payment card processing fees from its servers tipped income prior to paying the servers (in...
-
BR Company uses a perpetual inventory system and follows GAAP in preparing its external financial statements.At the end of 2019, the balance in the inventory account was P360,000 and P30,000 of those...
-
Is the function f(x) == 8 it in the form p(x) - a rational function? If so, write q(x)' X the ratio of polynomials.
-
16. Calculate the present value of the annuity. (Round your answer to the nearest cent.)$11,000 annually at 5% for 10 years.
-
Journalize entries for the following situations (assume direct write-off method). Situation 1: Wrote off Bill Allen as a bad debt two years after the sale of $50. Situation 2: Reinstated Bill Allen,...
-
The tractor is used to lift the 150-kg load B with the 24-mlong rope, boom, and pulley system. If the tractor travels to the right at a constant speed of 4 m/s, determine the tension in the rope when...
-
Santosh Ltd has received a grant of 8 crores from the Government for setting up a factory in a backward area. Out of this grant, the company distributed 2 crores as dividend. Also, Santosh Ltd...
-
Equity Shares issued as part of the consideration in an amalgamation in the nature of purchase are included in the weighted average number of shares A. As of the date of acquisition B. From the...
-
Sunshine Company Limited imported raw materials worth US Dollars 9,000 on 25th February 2012, when the exchange rate was 44 per US Dollar. the transaction was recorded in the books at the above...
-
At December 3 1 , Hawke Company reports the following results for its calendar year. Cash sales $ 1 , 9 0 5 , 0 0 0 $ 5 , 6 8 2 , 0 0 0 Credit sales $ 5 , 6 8 2 , 0 0 0 In addition, its unadjusted...
-
A company makes a single product that is normally sells for $ 5 8 ? unit. It has the capacity to produce 1 0 0 , 0 0 0 units per year, but currently produces only 7 0 , 0 0 0 . Per - unit costs...
-
Information provided: MW Clothing is a machine - intensive manufacturing company that produces clothes for many different retailers. The company recently finished working on an order from a customer,...
Study smarter with the SolutionInn App