Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Last year hot shots exterminators, inc. conducted an IPO, issuing 1 million common shares with a par vale of $1 to investors at a price of $10 per share. During its first year of operation, hot shots earned a net income of $0.20 per share and paid a dividend of $0.05 per share. At the end of the year, the company's stock was selling for $15 per share. Construct the equity accounts for hot shots at the end of its first year in business, and find out the firm's market capitalization.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M939484

Have any Question? 


Related Questions in Basic Finance

1 discuss the risks or benefits to the exporter and

1. Discuss the risks or benefits to the exporter and important contrasting accounts receivable financing and factoring. 2. Discuss the role of the factor for the exporter. How does the factor help an exporter? 3. Contras ...

In addition to the key words you should also be able to

In addition to the key words, you should also be able to define each of the following terms: ethics Nuremberg Code National Research Act Belmont Report APA Ethics Code clinical equipoise consent form confederate placebo ...

If there are costs associated with financial distress how

If there are costs associated with financial distress, how may this affect the capital structure decision of a company? Why do we adjust for taxes in determining the cost of debt, but not for the costs of preferred stock ...

The completed research paper should be at least 15 pages in

The completed research paper should be at least 15 pages in length, not including the references, and be typed using 12-point, double-spaced font. Our topic is Manager-stockholder conflicts and agency costs. The structur ...

1 what types of risks should shareholder wealth-maximizing

1. What types of risks should shareholder wealth-maximizing managers seek to offset in a firm they are managing? Why? 2. How can the acquisition of additional information be an effective tool of risk management? Give an ...

Analyze the capital asset pricing model capmbull explain

Analyze the Capital Asset Pricing Model (CAPM). • Explain how the CAPM assists in measuring both risk and return. • Explain how the CAPM assists in calculating the weighted average costs of capital (WACC) and its compone ...

Company b just paid an annual dividend of 42 a share the

Company B just paid an annual dividend of $.42 a share. The stock is selling for $18 a share and has a growth rate of 2.2 percent. What is the dividend yield, using the constant growth model?

Analyze print communication-find an example of print

Analyze print communication:- Find an example of print communication, for example, a flyer on campus, a newsletter, or a magazine ad. With a partner, discuss why the creator of the message may have chosen a print medium. ...

A companys current ratio is 30 if the company uses cash to

A company's current ratio is 3.0. If the company uses cash to retire notes payable due within one year, would this transaction increase or decrease the current ratio and asset turnover ratio? Current Ratio: Decrease; Ass ...

1 give a simple definition of earnings per share2 assume

1. Give a simple definition of earnings per share. 2. Assume that a corporation is a nonpublic company. Comment on the requirement for this firm to disclose earnings per share. 3. Keller & Fink, a partnership, engages in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen