You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana Stock Exchange (GSE). Explain any six (6) of the listing requirement of GSE that are to be met before the company can start trading on the market.

You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana Stock Exchange (GSE). Explain any six (6) of the listing requirement of GSE that are to be met before the company can start trading on the market.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 14PA: You are a consultant working with various companies that are considering incorporating and listing...

See similar textbooks

Related questions

Q: e NYSE? firm. To buy or sella stock listed on the NYSE, the investor contacts th vestors who trade…

A: NYSE refers to the New York Stock Exchange. It is one of the biggest stock exchanges in the world…

Q: Bagi company is private and wants to go public, before it go public thus joining the Ghana Stock…

A: Private Company section- 2(68) AMMENDMENT ACT ,2015 A private company is a company having minimum…

Q: A real person (Ahmet) owns some shares of a publicly traded company (Asia AŞ). Ahmet wants to make a…

A: Companies issue shares in order to make raise the funds by way of equity method. Under it the holder…

Q: D. What does a firm typically try to accomplish by cross listing and selling its shares on a foreign…

A: The listing of a company's common shares on an exchange other than its primary and original stock…

Q: Ernst & Frank stock is listed on NASDAQ. The firm is planning to issue some new equity shares for…

A: There are 2 kind of markets :- Primary Market Secondary Market

Q: A potential investor in a new issue must be given a(n): Group of answer choices a. annual…

A: An investor is a person or other entity who invests money in the hope of earning a profit. Investors…

Q: Mr. Ahmed would like to buy securities. Which of the following securities should he not to buy to…

A: A business entity finances its operations through various sources of funds such as equity and debt…

Q: Within the context of services provided by a stockbroker, discuss the two (2) main types of…

A: Stockbrokers:- Brokers help investors in buying and selling securities, shares, and stocks of…

Q: a) How is an investment banker compensated for promoting and facilitating the sale of a company’s…

A: Investment bankers, together with conventional intermediaries, link sellers and buyers in various…

Q: What is a registration statement?a. A statement that must be filed with the SEC before a company can…

A: Registration statement: According to securities act 1933 registration of a security is mandatory…

Q: Assume the SEC approved the registration statement for a new securities issue this morning. Which…

A: All the rules and regulations are required to be followed by the issuer of the securities for the…

Q: An initial public offering (IPO) occurs

A: Trading securities means the management plans either to purchase or sell the securities in the stock…

Q: 2.1 Fact finding of the trading on ASX Assuming your group is working for an institutional investor…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: of the following is a primary market transaction? a. You sell 200 shares of IBM stock on the NYSE…

A: Primary markets are where securities are sold for the first time but in secondary markets they are…

Q: True or false: the investor will be eligible to receive the dividends when he/she buy the company…

A: Meaning of Dividend It is a distribution of stock or cash to the shareholders of a company.…

Q: Answer Number 1 and 2: 1. Apple Computer decides to issue additional stock with the assistance of…

A: Let us first see what primary market and secondary markets are. A primary market is that market in…

Q: a. Distinguish between the following: i. Primary market and secondary market ii. Money market and…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana…

A: Six GSE listing requirements are: 1. The company should have fifty percent of the board as…

Q: many shares of stock should your new corporation authorize? How did you arrive at your number?

Q: Foreign companies whose stocks are listed on the New York stock exchange (NYSE) must report their…

A: Generally Accepted Accounting Principles (GAAP): These are the guidelines necessary to create…

Q: Choose the correct. Which of the following is a registration statement used by large companies that…

A: a) Form 8-K is a statement filed by companies to let know the investors about occurance of…

Q: Explain three advantages and three disadvantages for a company of obtaining a listing on a stock…

A: Listing on a stock exchange offers benefits to both the investors as well as the companies. The…

Q: Mr. Ahmed would like to buy securities. Which of the following securities should he not to buy to…

A: A business entity needs funds to finance its non-current assets and day-to-day business operations.…

Q: Choose the correct. What is a registration statement?a. A statement that must be filed with the SEC…

A: Registration Statement: Registration statement consist set of documents which are required to be…

Q: If an investor were to sell 100 shares of MicroSoft stock to another investor in the securities…

A: A financial market is a marketplace that facilitates the trading of financial securities, i.e., the…

Q: You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana…

A: 6 requirements for a company to get listed on GSE are a) Company background (history and type of…

Q: 2.1 Fact finding of the trading on ASX Assuming your group is working for an institutional investor…

A: " Since this question contains multiple questions with multiple sub-parts, we will answer the first…

Q: 1) How different is your investment process than the one explained in Chapter 5

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Which of the securities are traded in the stock market? a. Shares issued by JAC company in the…

A: Stock market deals with trade in securities that are already listed.

Q: Directions: In the space provided each item, you identify which of the following statement best…

A: Stocks refer to the proportional ownership of an investor into a company. Through this ownership,…

Q: Kulikowski Inc., a client, is considering the authorization of a 10% common stock dividend to common…

A: Stock dividend: A stock dividend refers to issuing the own stocks to the stockholders on a pro…

Q: Why might a company want its stock listed on a stock exchange outside of its home country?

A: SOLUTION- STOCK EXCHANGE IS AN ORGANIZED MARKET IN WHICH SECURITIES ARE BOUGHT AND SOLD.

Q: Give atleast five do's when investing in a stock market and explain each briefly. Give atleast five…

A: Investing in stock markets requires one to follow certain steps and certain procedures. One has to…

Q: company is permitted ?o ha?e? Finall?? Kel?in a?k? ?How does a person cease to be a member of a…

Q: You owned 300 shares of Microsoft stock. But you just sold 100 shares this morning. Which one of the…

A: If shares are issued by the company for the first time it is called primary market transaction.…

Q: The directors of Merchant Corporation are considering the issuance of a stock dividend. They have…

Q: q3 The Issue of shares by the company to the shareholders for the first time is called as what? a.…

A: Companies going public for the first time is facilitated through investment bankers. The companies…

Q: Explain the steps on how to invest in the Philippine Stock Exchange.

A: An investor can invest in stocks of various companies listed on the stock exchange. The return is…

Concept explainers

Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.

Question

b. You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana Stock Exchange (GSE). Explain any six (6) of the listing requirement of GSE that are to be met before the company can start trading on the market.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

You are a consultant working with various companies that are considering incorporating and listing shares on a stock exchange. One of your clients asks you about the various acronyms she has been hearing in conjunction with financial analysis. Explain the following acronyms and how they measure different things but may complement each other: EPS (earnings per share), EBITDA (earnings before interest, taxes, depreciation, and amortization), and NOPAT (net operating profit after taxes).
In Chapter 2 of the textbook (pages 90-91), there is a set of financial statements for the hypothetical firm, Cheesy Chuck’s Classic Corn. Suppose you have been approached with an offer to invest in shares of the firm. Based on the accounting information provided, would you invest? Why...or why not? Please explain in detail.
If an investor were to sell 100 shares of Microsoft stock to another investor in the SECURITIES MARKET, this would be referred to as what type of transaction? - a future market transaction - a secondary market transaction -it is primary market transaction - a money mar
2.1 Fact finding of the trading on ASXAssuming your group is working for an institutional investor that is considering to tradeactively on ASX in the near future. Go to the website of Australian Stock Exchange (ASX), doa fact finding to answer the following questions:(1) Identify at least 5 types of information the public companies provide on the area ofPrevious Trading Day Announcement.(2) How are the dividend released by the public companies listed on ASX. Briefly explainthe concepts of ex-dividend date, record date, date payable, dividend franking andtype of dividends by the companies listed on ASX.(3) Name 7 types of trading reports listed in ASX 24 Reports. Briefly describe the contentof each report.(4) How many types of calculators available on ASX website for the usage of investors andpractitioners? Name them and explain the usage of each calculator.(5) What are the questions you should ask your broker before you start trading?2.2 Fact Finding of financial market regulator in…
2.1 Fact finding of the trading on ASXAssuming your group is working for an institutional investor that is considering to tradeactively on ASX in the near future. Go to the website of Australian Stock Exchange (ASX), doa fact finding to answer the following questions:(1) Identify at least 5 types of information the public companies provide on the area ofPrevious Trading Day Announcement.(2) How are the dividend released by the public companies listed on ASX. Briefly explainthe concepts of ex-dividend date, record date, date payable, dividend franking andtype of dividends by the companies listed on ASX.(3) Name 7 types of trading reports listed in ASX 24 Reports. Briefly describe the contentof each report.(4) How many types of calculators available on ASX website for the usage of investors andpractitioners? Name them and explain the usage of each calculator.(5) What are the questions you should ask your broker before you start trading?2.2 Fact Finding of financial market regulator in…
a) What are the basic ways for the analysis of investment in equity securities in stock market? b) How does CSE select 30 companies for CSE-30 stock index? c) “Fundamental Analysis provides an analytical framework for rational investment decision making.” Explain.
Describe the role of the investment banker in taking a company public. What is an IPO and what steps are taken in order to get the IPO ready for public offering? What does both the investment banker and the company that is going public want to happen on the first day of public trading for the company and why?
After reviewing this week's content, when you think about securities (i.e., stock and bond) valuation, you should be able to view securities from both an investor's perspective as well as a corporation's perspective. Explain how an investor's expected rate of return on a stock and a bond is linked to an organization's required rate of return on that stock and bond. In addition, provide an example of a company whose stock (Note: You could use Yahoo!Finance to search for companies and their historical performance) was affected when it released its earnings (i.e., 10K-Annual Report or 10Q-Quarterly Report) and indicate, from a business perspective, why the value of that company's equity fell or rose as a result of a business outcome.
Choose the correct. Which of the following is a registration statement used by large companies that already have a significant following in the stock market?a. Form 8–Kb. Form 10–Kc. Form S–1d. Form S–3
Which of the following is true about an equity offering under Regulation D? All participants must be accredited investors Up to 35 investors may be unaccredited investors An accredited investor must have net worth of $5,000,000 A couple earning $150,000 per year is an accredited investor
Bagi company is private and wants to go public, before it go public thus joining the Ghana Stock exchange, there are some steps and processes to go through. Outline and explain those steps and process they’ll go through to get listed( to be part of the Ghana stock exchange thus becoming a public company).
Kulikowski Inc., a client, is considering the authorization of a 10% common stock dividend to common stockholders. The financial vice president of Kulikowski wishes to discuss the accounting implications of such an authorization with you before the next meeting of the board of directors. Instructions a. The first topic the vice president wishes to discuss is the nature of the stock dividend to the recipient. Discuss the case against considering the stock dividend as income to the recipient. b. The other topic for discussion is the propriety of issuing the stock dividend to all “stockholders of record” or to “stockholders of record exclusive of shares held in the name of the corporation as treasury stock.” Discuss the case against issuing stock dividends on treasury shares.