Which of the following transactions relating to shares in Pinder Ltd takes place in what we referred to in lectures as a secondary market? O When the majority shareholder in a company sells some of their shares to another existing shareholder in the company. O More than one of the other answers is correct O When Pinder Ltd, who is already listed, issues shares to investors to raise funds for the second time in its history. O None of the other answers is correct O When Pinder Ltd issues shares for the first time to new investors.

Which of the following transactions relating to shares in Pinder Ltd takes place in what we referred to in lectures as a secondary market? O When the majority shareholder in a company sells some of their shares to another existing shareholder in the company. O More than one of the other answers is correct O When Pinder Ltd, who is already listed, issues shares to investors to raise funds for the second time in its history. O None of the other answers is correct O When Pinder Ltd issues shares for the first time to new investors.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Which of the following is an example of an direct transfers? A holding company distributes its dividend payment thru brokerage firms. An individual purchase mutual funds from Sunny life corporation where the insurance firm issues units of mutual funds instead of the actual stocks of the company A certain universal bank acts as an underwriter on which an investor purchases the stocks of MM corporation Investor purchase 5-year 10% bonds directly from an issuing company
On January 1, 2021, PORKING acquired majority of SAPER’s outstanding voting stocks. On that day, the (incomplete) working paper entries on that day were as follow WPE#1 Dr: Ordinary shares of SAPER 300,000 Dr: APIC of SAPER 300,000 Dr: RE of SAPER 375,000 Cr: Investment in SAPER ? Cr: Non-controlling interest ? WPE#2 Dr: Assets of SAPER 174,500 Cr: Investment in SAPER 113,425 Cr: Non-controlling interest ? WPE#3 Dr: Goodwill ? Cr: Investment in SAPER 74,075 Cr: Non-controlling interest ? What is the percentage of the Controlling Interest? 50% None of the choices 100% 75%
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If Apple Computer decided to issue additional common stock and Viola purchased 70 shares of this stock from Lincolndale, the underwriter- what type of market transaction took place here? Would it make any difference if Viola purchased previously outstanding Apple stock in the dealer market? - Explain types of markets implied in the scenario.
7. The following information is provided from the Forza Corporation's accounting records. 1) Issued 2,500 shares of $1 par common stock at $23 a share. 2) Issued 7,500 shares of $1 par common stock in exchange for land valued at $65,000. 3) In order to prevent a hostile takeover the company reacquired the 7,500 shares for $20 per share as treasury stock. 4) The hostile takeover did not succeed, and the company reissued 5,500 of the treasury shares of $21 per share. 5) The remaining treasury shares were reissued for $22 per share and an additional 2,000 shares were issued at the same price. Required: Prepare the journal entries for the stock transactions, using the cost method assumption to account for the treasury stock.
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: Umar applied to a company to buy some shares in April and paid a deposit. He didn’t hear anything from company until November when company sent him a letter of allotment as acceptance and a request for the balance. By this time, Umar had changed his mind and no longer wanted the shares. Question a.Is Umar bound to buy the shares? Why or why not?
please need help assume as possible
a.Draw a picture illustrating the following fact pattern involving trust-preferred securities. Bank Z sets up a trust (a subsidiary entity) and owns 100% of the common stock in the trust. That trust issues preferred securities to investors (in exchange for cash) and the investors earn periodic fixed dividend payments on their preferred shares. Using the funds from the sale of preferred stock, the trust purchases junior subordinated debt from Bank Z and this debt pays periodic fixed interest payments equal to the dividend payments made by the trust. The trust has a call option, allowing it to call back the preferred shares from investors at its option. Additionally, Bank Z has a call option allowing it to call back its debt from the trust at its option. Bank Z guarantees to the trust’s investors that the trust will use its available cash to make interest payments.
q8
The following information applies to the questions displayed below.] Shares sold for consideration other than cash (maybe services or a noncash asset) should be recorded at the fair value of the shares or the noncash consideration, whichever seems more clearly evident. Todd Corporation sold 4 million of its $1 par common shares at $6 per share. The company received net proceeds from the public offering of $23,600,000, after deducting legal, promotional, and accounting services necessary to effect the sale. Prepare the appropriate journal entry for the sale of the stock. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field
On January 1, 2021, PORKING acquired majority of SAPER’s outstanding voting stocks. On that day, the (incomplete) working paper entries on that day were as follow WPE#1 Dr: Ordinary shares of SAPER 300,000 Dr: APIC of SAPER 300,000 Dr: RE of SAPER 375,000 Cr: Investment in SAPER ? Cr: Non-controlling interest ? WPE#2 Dr: Assets of SAPER 174,500 Cr: Investment in SAPER 113,425 Cr: Non-controlling interest ? WPE#3 Dr: Goodwill ? Cr: Investment in SAPER 74,075 Cr: Non-controlling interest ? Group of answer choices a.None of the choices b.50% c.100% d.75%

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