Question
Share Issue Part A) Uber Technologies, Inc., commonly known as Uber, is an American multinational ridesharing company offering services that include peer-to-peer ridesharing, ride service
Share Issue
Part A) Uber Technologies, Inc., commonly known as Uber, is an American multinational ridesharing company offering services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a micromobility system with electric bikes and scooters.
Uber recently had an Initial Public Offering where it issued its first ever shares (primary issue) that were traded on the market. Find Uber Inc.s latest share registration document and record the journal entry for the share issue.
Part B) Boeing receives cash in advance from its customers so that it can use it to make aircraft. This cash is normally a percentage of the aircrafts price that Boeing sells it for. This is done because aircraft are very expensive to make and Boeing needs the cash to make the aircraft during its very long operating cycle. Boeing used $4 billion of this advance money between January 1st, 2018 and December 31st, 2018 to make aircraft for its customers. How much money did Boeing Inc. receive in advance from its customers during the year of 2018?
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