Lois 
In the context of stocks, standby underwriting refers to an arrangement in which an investment bank agrees to purchase any unsold shares of a new stock issue at a predetermined price. This provides some assurance to the issuer that the stock will be sold, and also allows the investment bank to make a profit if … Read more
What is relevant cost in accounting, and why is it important? Which of the following is not a relevant cost? The opportunity cost of using land to build a factory is not a relevant cost when deciding whether or not to build the factory. The opportunity cost is the cost of the next best alternative … Read more
The market share (market share in English) represents the percentage of the total market that that company has. In other words, of the amount of sales generated in that market, what percentage does that particular business represent? As a general rule, the market share is calculated in a specific period of time. For example, imagine … Read more
