subject
Business, 13.09.2019 03:10 sherlock19

Professor diehard found an effective antibiotic for the depress bacteria, and patented the drug. he believes that he could sell the patent for $20 million. he then formed a corporation and invested $400,000 in setting up a production plant. there are 2 million shares of stock outstanding. if the professor's belief is correct, what would be the price per share and the book value per share?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:30
The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?
Answers: 1
question
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
question
Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
Answers: 1
question
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
You know the right answer?
Professor diehard found an effective antibiotic for the depress bacteria, and patented the drug. he...
Questions
question
Chemistry, 14.12.2020 21:30
question
Mathematics, 14.12.2020 21:30
question
Mathematics, 14.12.2020 21:30
Questions on the website: 13722367