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Hughes Technology Corp

question 47

Multiple Choice

Hughes Technology Corp. recently went public with an initial public offering in which they received a total of $9 million in new capital funding. The underwriter used a firm commitment offering in which the offer price was $102 and the underwriter's spread was $1.35. Hughes Technology also paid legal and other administrative costs of $400,000 for the IPO. Calculate the number of shares issued through this IPO.

Understand the concept of equivalent units in process cost accounting.

Compute costs and equivalent units in various process costing scenarios, and prepare relevant journal entries.

Understand the traits and behaviors that contribute to effective leadership.

Recognize the importance of ethical behavior in leadership.

Definitions:

Agenda-setting Theory

Agenda-setting theory posits that media doesn't tell us what to think, but what to think about, by selecting the issues that receive extensive coverage, thus influencing the public's perception of what topics are important.

McCombs and Shaw

Researchers known for establishing the Agenda-Setting Theory, which suggests that media has a significant influence on what topics the public perceives as important.

Self-generated Content

Content created and published by the users or entities themselves, rather than by external publishers or media outlets.

Earned Media

Refers to publicity gained through promotional efforts other than paid advertising, such as word-of-mouth, reviews, and media coverage.