subject
Business, 28.06.2019 17:20 QueenNerdy889

The zuri co. needs to raise $66.3 million to finance its expansion into new markets. the company will sell new shares of equity via a general cash offering to raise the needed funds. the offer price is $63 per share and the company’s underwriters charge a spread of 8.5 percent. (a) what are the required proceeds from the sale necessary for the company to pay the underwriter's spread? (do not round intermediate calculations. enter your answer in dollars, not millions of dollars, e. g., 1,234,567. round your answer to the nearest whole number, e. g, (b) how many shares need to be sold? (do not round intermediate calculations and enter your answer in shares, not millions of shares, e. g. 1,234,567. round your answer to the nearest whole number, e. g. 32.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:10
Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)
Answers: 1
question
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
Answers: 2
question
Business, 23.06.2019 09:30
Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted
Answers: 1
question
Business, 23.06.2019 13:00
Money management refers to: question 1 options: preparing personal financial statements. day-to-day financial activities. storing financial records for easy access. spending money on current living expenses.
Answers: 1
You know the right answer?
The zuri co. needs to raise $66.3 million to finance its expansion into new markets. the company wil...
Questions
question
Computers and Technology, 04.03.2021 05:50
question
Mathematics, 04.03.2021 05:50
question
Mathematics, 04.03.2021 05:50
question
Spanish, 04.03.2021 05:50
question
Mathematics, 04.03.2021 05:50
question
Mathematics, 04.03.2021 05:50
Questions on the website: 13722363