Question

Universal Waste Disposal sold 1,350,000 shares of stock at $24.62 per share. The investment banker's commission was 5% of the value of the stock. Accounting fees were $450,000, legal fees were $1,225,000, printing costs were $275,000, and other selling expenses were estimated to be $300,000. To the nearest cent, what was the selling expense per share?

Answer 1

@ganeshie8

Answer 2

@Tootles143

Answer 3

@aryandecoolest

Answer 4

@iambatman

Answer 5

@Michele_Laino

Answer 6

@ganeshie8

Answer 7

n Kwikset Enterprises sold 300 shares of stock at $12.34 per share. The underwriting commission was 5.8%. To the nearest cent, how much did Kwikset Enterprises make on its sale of stock, after subtracting the underwriting commission?

Answer 8

I'm sorry I don't know your answer since I'm not good in financial mathematics

Answer 9

The North Company negotiated a $35 million loan to remodel a mall. The company borrowed the money at 0.8% ordinary interest over prime for five years. If the prime rate was 4.3%, what is the maturity value of the loan to the nearest cent?

Answer 10

total share = 1350000

Answer 11

commission per share= \[24.62*\frac{ 5 }{ 100 }\]

Answer 12

accounting fee for all share =450000
calculate for one share

Answer 13

legal fee for all share = 1225000
calculate for ons share

Answer 14

total printing cost for all share = 275000
calculate for one share

Answer 15

other expenses =300000
calculate for one share

Answer 16

selling expense per share=
commission per share + accounting fee of one share + legal fee for one share +printing cost for one share + other selling expense of one share